Slawomir Krupa, elected by nearly 99% director by the bank's shareholders on Tuesday, was appointed chief executive in the process. His fixed remuneration, of 1.65 million euros annually, will be 27% higher than that of his predecessor.
shareholders also voted on Tuesday in favour of a cash dividend of €2022.1 per share for the 70 financial year, accompanied by a share buyback program of around €440 million. "It's true, the stock remains discounted and subject to some volatility," admitted outgoing chief executive Frédéric Oudéa.