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Société Générale Group pursues a profitable
growth policy based on the selective development of its core
activities through a combination of organic growth and
acquisitions, and draws on a strong capacity for innovation geared
towards satisfying its customers.
The Group is pursuing a profitable growth policy based on the
selective development of its core activities through a combination
of organic growth and acquisitions, and is drawing on a strong
capacity for innovation geared towards satisfying its
customers.
3 strategic priorities: balanced business mix, long-term growth and
operating efficiency
At the meeting of the board of Directors of Société
Générale on February 20th 2008, the Board examined the
results at 2007.
Société Générale share information, including
its spot price, is available on the http://www.investor.socgen.com site in the
"Société Générale share" section.
Société Générale Group has built its success on
the skills and talents of its 151,000 employees. The group has
a presence in 82 countries (at end of 2007) and is intent
on combining expansion with dynamic and attentive human resources
management. The prime objectives of the Group’s Human
Resources policy are as follows: to enhance diversity and talent,
to encourage cultural and professional integration, to develop
skills by training and internal mobility, to offer attractive
remuneration packages in the different markets in which it
operates, to develop open social dialogue and to ensure that its
employees have appropriate social security coverage.
Société Générale implements the recommendations
given in the AFEP-MEDEF* report of September 2002 on the corporate
governance of listed companies. In September 1995, three committees
(Audit Committee, Compensation Committee and Nomination Committee)
were set up. Since early 2000, the Board of Directors and the
Committees have been governed by internal rules. A Director’s
Charter (see below) lays out the compliance rules applicable to the
Directors of Société Générale. Since May 2008,
the Board of Directors has proceeded with the dissociation the
functions of chairman and Chief Executive Officer. * : Association
Française des Entreprises Privées (Association of French
Private-Sector Companies) and Mouvement des Entreprises de France
(French Business Confederation).
The missions of the Executive Committee and the General Management
Committee are to ensure the strategic management of the Group under
the authority of the Chief Executive Officer as well as to discuss
Group strategy and other matters of general interest to the Group.
Professionalism, team spirit and innovation.
Société Générale dates back to 4 May 1864, date
of the authorisation decree signed by Napoleon III. The bank's
ambitions were reflected in its original articles of association,
when it took the form - still very unusual at the time - of a
limited company.