The firm says that keeping its clients' data and assets safe is the most important thing that it does.

UK-based wealth manager and advisor firm Hargreaves Lansdown has appointed Segun Oyinloye as its new chief information and security officer.

Oyinloye will be responsible for providing leadership for the existing Information security team as well as developing and implementing the firm’s information and security strategy to ensure that its client and colleague information is protected.

Commenting on Oyinloye’s appointment, Birger Thorburn, chief digital and information officer, said: “Information security is a fundamental component of HL’s strategy. Keeping our clients’ data and assets safe is the most important thing we do. Segun will focus on developing the existing security capability, ensuring information security best practice is embedded within our culture, which enables HL to focus on providing better financial outcomes for our clients, safe in the knowledge that all is secure. Segun brings a wealth of experience to HL, and I’m delighted he’s joining us.”

Oyinloye added: “Security is an intrinsic and fundamental part of a HL’s digital aspiration, and I am looking forward to enabling the business in building and running a world class and secure digital service proposition.”

Oyinloye joins from Sainsbury’s Bank where he was chief Information security officer responsible for information security, records management and data protection. Oyinloye has more than 20 years of experience in building, leading and evolving cyber security functions in senior positions at Sainsbury’s Bank, Pepper Financial Services, Virgin Money and Aviva.