SocGen Strategy Update Disappoints Investors Amid Cuts to Targets

The video discusses the transition of leadership at Surgeon with Slavomir Krupa taking over as CEO. The focus is on cost control and efficiency, with targets set for revenue growth and cost-to-income ratio. The company aims to improve its valuation and address challenges, including past financial hits in Russia. Strategic changes include asset sales and a focus on diversity, with initiatives to reduce the gender pay gap and increase female leadership.

Who is the new CEO of Surgeon, and what is his primary mandate?

• Lorenzo Venice, expanding into new markets

• Slavomir Krupa, focusing on cost control and efficiency

• Frederic Cudia, maintaining the current strategy

• Slavomir Krupa, focusing on aggressive revenue growth

What is the target for Surgeon's cost-to-income ratio under the new strategy?

• Maintain at 50%

• Increase to 70%

• Decrease to 40-50%

• Increase to 60%

How much does Surgeon plan to cut costs by 2026?

• €3 billion

• €1.7 billion

• €2.5 billion

• €1 billion

What is one of the key focuses of Surgeon's new strategy in terms of asset management?

• Expanding into Asia

• Investing in technology

• Disposing of non-core assets

• Acquiring new assets in Europe

What is Surgeon's goal for women in senior leadership roles by 2026?

• More than 50%

• More than 1/3

• Equal representation

• No specific target