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SWIFT appoints new Chief Information Security Officer

SWIFT appoints new Chief Information Security Officer

Company Information,
28 October 2016

Marc Hofmann appointed as Chief Information Security Officer

Brussels, 28 October 2016 – SWIFT announces the appointment of Marc Hofmann as Chief Information Security Officer (CISO). Hofmann’s appointment reinforces SWIFT’s IT organisation and ensures continuity to its strong security record and operational excellence.

Hofmann will join SWIFT on 1 November to lead the Global Security team. Together with SWIFT’s Security Operations, Hofmann will oversee the development and implementation of SWIFT’s Cyber Security Roadmap.

Hofmann will report to Chief Technology Officer Craig Young and he will work closely with Alain Desausoi who will serve as Deputy Chief Information Security Officer in the new organisation. SWIFT’s Security team has more than tripled in size over the past 3 years, and further growth is planned for the coming years.

Craig Young said, “Marc’s IT security experience and his perspective from a SWIFT user institution are of great value to SWIFT and our community as a whole. Together with Alain’s nearly 30 years’ experience and impressive track record at SWIFT, we are able to provide the strongest IT security leadership for our cooperative.”

Hofmann said, “I am excited about the new professional challenge. Thanks to Alain and the great work of his team, SWIFT’s security credentials are a benchmark in the financial community, and I will focus our efforts on further extending this market leading position.”

Hofmann joins SWIFT from Deutsche Bank where during the past 8 years he held various CISO roles, most recently as Regional Chief Information Security Officer for the UK and Ireland. At Deutsche Bank, Hofmann oversaw a global IT security team, played a leading role in designing the bank’s information security setup, was Vice Chairman of the Group Information Security Committee and built an effective working relationship with regulators. Hofmann has more than 20 years’ experience in security and risk management. Prior to working at Deutsche Bank, Hofmann held a number of IT security roles, among others at Ernst & Young. Hofmann holds a PhD in economics with a focus on banking regulation, IT and risk management.

SWIFT is a global member-owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging, standards for communicating and we offer products and services to facilitate access and integration; identification, analysis and financial crime compliance. Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories, enabling them to communicate securely and exchange standardised financial messages in a reliable way. As their trusted provider, we facilitate global and local financial flows, support trade and commerce all around the world; we relentlessly pursue operational excellence and continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Headquartered in Belgium, SWIFT’s international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT’s global office network ensures an active presence in all the major financial centres.

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