$65.6 billion U.K.-based financial services group Prudential PLC has named Thibaut Le Maire as group chief risk officer, effective in July.

Le Maire is presently managing director and head of European insurance for the Financial Institutions Group at Societe Generale.

In his new role at Prudential, he will report to Tidjane Thiam, who is moving from his current role as CFO to group chief executive.