The new hire became chief inspector of the armed services in 2015.

French-based bank Societe Generale has appointed Antoine Creux as chief security officer, effective 1 October. In a time where cyber-security seems to be at the forefront of the financial services industry, as cybercrime has been called the greatest risk to banks, SocGen has decided to improve its security with a the hiring of a CSO.

Creux will report to the corporate secretary's office and will also become a member of the group's management committee, the bank said in a statement.

He will be responsible for ensuring that Societe Generale continues to adopt appropriate strategic and operational answers to protect the group’s assets. He will work with the public authorities, and public institutions to improve and ensure the quality of the group's security.

The new CSO has been a general in the French air force. He became chief inspector of the country's armed services in 2015.