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SocGen CEO Sees Organic African Growth in ‘Uncertain Climate’

Societe Generale SA Chief Executive Officer Frederic Oudea said the French lender wants to grow organically in Africa amid uncertainties such as the post-pandemic recovery and insecurity.

Oudea, who will be bringing an end to his 15-year reign at the bank next year, told journalists in the Ivorian commercial hub, Abidjan, Friday that he sees the African business, which makes up about 8% of revenue, expanding gradually. 

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