William Connelly to Succeed Lorenzo Bini Smaghi as Societe Generale Chairman in 2026

The Board of Directors of Societe Generale has announced the selection of William Connelly as the future Chairman of the Board, set to assume the role following the General Meeting in May 2026. This decision follows a selection process involving the Nomination and Corporate Governance Committee and an independent consultant. William Connelly, who has been a member of the Board since 2017 and has led the Risk Committee since 2019, will replace Lorenzo Bini Smaghi after his completion of three terms. Connelly's extensive experience in banking and large-scale corporate governance, with a background in companies like Amadeus IT Group, Aegon, and previous roles at Chase Manhattan Bank, Baring Brothers, and ING Group, aligns with Societe Generale's commitment to maintaining high governance standards and ensuring organizational continuity along with independence. Lorenzo Bini Smaghi noted Connelly's expertise in the international financial sector and his capability in managing significant corporate entities.