BEIJING
SHANGHAI
GUANGZHOU
WUHAN
Societe Generale 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 SSociete Generale.
* : Association Française des Entreprises Privées (Association of French Private-Sector Companies) and Mouvement des Entreprises de France (French Business Confédération).
Board of Directors
Societe Generale Board of Directors set up three Committees in September 1995, namely the Audit Committee, the Compensation Committee and the Nomination Committee. In early 2000, the Board adopted internal rules that incorporate the key recommendations on corporate governance. A Director’s Charter (see below) lays out the compliance rules applicable to the Directors of Societe Generale.
Board Committees
The Board's internal rules stipulate that preparatory work for its decisions in certain areas must be carried by specialized committees composed of directors appointed by the Board; these committees examine matters within their remit and submit their opinions and proposals to the Board for approval. Three committees have been created : the Audit committee, the Compensation committee and the Nomination Committee.
Executive Committee
Mission: Ensure the strategic management of the Group, under the authority of the Chairman and Chief Executive Officer.
General Management Committee
Mission: Discuss Group strategy and other matters of general interest to the Group.
