PARIS, March 17 Societe Generale, France's No. 2
listed bank, will reduce the number of deputy chief
executive officers to two after Jean-François Sammarcelli, head
of the French retail business, retires in end-2014.
The board of directors said in a statement that Sammarcelli
will step down from his position as deputy CEO on Sept. 1 to
become advisor to the chairman.
Bernardo Sanchez Incera will take over the supervision of
the French retail banking business in addition to international
retail banking and financial services.
The other deputy CEO, Severin Cabannes, will keep his
position in charge of finance, risk, global banking and investor
(Reporting by Maya Nikolaeva; Editing by Leila Abboud)