Euroclear secures new CEO
01 November 2016 Brussels
Image: Shutterstock
Euroclear Group's board of directors has settled on Lieve Mostrey to become the post-trade provider鈥檚 new CEO, effective 1 January 2017, following the departure of Tim Howell.
Howell has chosen to step down after six years as CEO.
Mostrey joined Euroclear in 2010 as executive director and chief technology and services officer.
She also served as a member of the group鈥檚 management committee, executive director of the board, and chair of several of the group鈥檚 central securities depositories.
Previously, Mostrey gained experience as a non-executive director of SWIFT, Euronext and RealDolmen.
Marc Antoine Autheman, chair of Euroclear Group, said: 鈥淭he board congratulates Lieve Mostrey on her appointment to CEO. Lieve brings to the role vast experience both within Euroclear as well as from earlier roles in financial services and non-executive board directorships.鈥�
鈥淭he board also thanks Tim Howell for Euroclear鈥檚 success achieved during his tenure; building its business, forging new business partnerships, growing shareholder returns and strengthening the organisation鈥檚 resilience as a key financial market infrastructure.鈥�
Mostrey, CEO of Euroclear Group, said: 鈥淎s the financial industry鈥檚 trusted provider of post-trade services, Euroclear is entering an exciting new phase of its development, amid the evolution of global capital markets. I look forward to leading Euroclear鈥檚 team of dedicated employees, committed to delivering risk-mitigation, automation and efficiency at scale for our global client franchise.鈥�
Howell has chosen to step down after six years as CEO.
Mostrey joined Euroclear in 2010 as executive director and chief technology and services officer.
She also served as a member of the group鈥檚 management committee, executive director of the board, and chair of several of the group鈥檚 central securities depositories.
Previously, Mostrey gained experience as a non-executive director of SWIFT, Euronext and RealDolmen.
Marc Antoine Autheman, chair of Euroclear Group, said: 鈥淭he board congratulates Lieve Mostrey on her appointment to CEO. Lieve brings to the role vast experience both within Euroclear as well as from earlier roles in financial services and non-executive board directorships.鈥�
鈥淭he board also thanks Tim Howell for Euroclear鈥檚 success achieved during his tenure; building its business, forging new business partnerships, growing shareholder returns and strengthening the organisation鈥檚 resilience as a key financial market infrastructure.鈥�
Mostrey, CEO of Euroclear Group, said: 鈥淎s the financial industry鈥檚 trusted provider of post-trade services, Euroclear is entering an exciting new phase of its development, amid the evolution of global capital markets. I look forward to leading Euroclear鈥檚 team of dedicated employees, committed to delivering risk-mitigation, automation and efficiency at scale for our global client franchise.鈥�
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