Slawomir Krupa, chief executive of Société Générale, has been elected president of the European Banking Federation, the Brussels-based industry association that represents banking associations across 32 European countries. The election was announced on 4 February 2025 and took effect on 1 March 2025.
Krupa has led Société Générale since May 2023, when he succeeded Frédéric Oudéa. Since taking the top job, he has overseen the disposal of non-core assets at the French bank.
THE EBF'S ROLE
The European Banking Federation coordinates the positions of its member associations on legislation and regulation emanating from the European Commission, the European Parliament, and the European Central Bank. Its agenda includes the final implementation of the Basel III capital framework in European law, progress on the Banking Union's deposit insurance dimension, and the development of a European savings and investments union. The EBF presidency is a non-executive role, traditionally held by an active CEO of a major international European bank, that steers the federation's strategic direction.
Société Générale is designated as a global systemically important institution under the Financial Stability Board's framework, with operations spanning retail banking in France and internationally, corporate and investment banking, and a range of financial services businesses.
MEMBERSHIP AND SUCCESSION
The EBF's membership spans the European Union and extends to countries outside the bloc.
Before becoming chief executive, Krupa was a member of Société Générale's executive management team, leading its Global Banking and Investor Solutions business. The EBF announced his election on 4 February 2025, saying he would officially assume the role on 1 March 2025, succeeding Deutsche Bank chief executive Christian Sewing at the end of his two-year term.