In a bid to drive its digital strategy, AXA Investment Managers has hired a new chief digital technology officer.

AXA Investment Managers has appointed Alban Jarry as chief digital technology officer as part of a move to drive digitisation efforts. 

In his role, Jarry will manage the different digital roadmaps at AXA IM and advise on the opportunities and solutions offered by digital technology, the firm said in a statement. 

Prior to AXA IM, Jarry worked with La Mutuelle Générale, where he was the director of its solvency II programme, ORSA and strategic risk. 

In total, he has 20 years' experience managing IT projects in the financial, risk management and insurance sectors. Additionally, Jarry is a speaker at HEC Paris on digital strategies, personal branding, communication and social media; deputy chairman and member of the scientific committee on big data and digital at Ecole Polytechnique d’Assurances; and vice president of XBRL France.

“Having Alban on board will be key in helping to deliver against the goals of our digital strategy and drive innovation in the way that we use data and digital technologies across the business,” said Hervé Morel-Derocle, global head of technology at AXA IM. “We are certain that his expertise and ability to both analyse existing technologies and anticipate new trends will help accelerate our digital transformation.”

Jarry's appointment comes as a recent report from MyPrivateBanking suggests the wealth management industry should see big data as an opportunity for expansion. The report said companies should embrace technology solutions as opposed to viewing them as a threat in order to appeal to millennial clients seeking technology-oriented banks and wealth management.