The new CEO of the business in Luxembourg is a a former senior figure in the bank's compliance area.

Societe Generale Bank & Trust in Luxembourg, part of the Paris-based banking group, has appointed Arnaud Jacquemin as its new chief executive, taking up the role as of 11 June this year.

His appointment is subject to regulatory approvals. Jacquemin takes over from Véronique de la Bachelerie, who will follow other activities within the banking group. 

Jacquemin joined Societe Generale in 1993 and worked in several positions both in France and the US, notably in project finance then as head of strategy for SG CIB [community and investment bank]. In 2003, he joined the finance and development division as deputy head, then head of financial management. 

In 2008, he was appointed group deputy chief financial officer. In April 2012 he joined the risk division as deputy chief risk officer. In 2015, he was named group deputy general secretary where he headed the transformation of the compliance division. 

In September 2017, he was appointed deputy head of group compliance. Jacquemin is a member of the Societe Generale group management committee.