Euroclear Appoints Valérie Urbain as CEO

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Euroclear
has announced the appointment of Valérie Urbain as its new Group Chief
Executive Officer (CEO). This decision follows the retirement announcement of
the current CEO, Lieve Mostrey, who has been at the helm since January 2017.

The
Board of Euroclear expressed their gratitude to Mostrey for her significant
contributions to the growth of the Group. During her tenure, Euroclear expanded
its global presence, enhanced its funds offering through strategic
acquisitions, and reinforced its position as a systemic financial market infrastructure.

Valérie Urbain, Euroclear, Source: LinkedIn

The
successor, Urbain, has been with Euroclear since 1992, and her extensive
experience within the organization positions her as a natural choice for the
role. Currently serving as the Chief Business Officer, she oversees the
commercial and product development of the Group and played a pivotal role in
shaping and implementing the business strategy. Notably, Urbain has been
recognized for fostering client-centric initiatives, resulting in record levels
of client satisfaction and sustained business income growth in 2023.

Urbain’s
previous roles at Euroclear include serving as the CEO of Euroclear Bank, the
Group’s International Central Securities Depository, as well as the CEO of the
Euroclear ESES Central Securities Depositories, overseeing Euroclear Belgium,
Euroclear France, and Euroclear Nederland.

Francesco
Vanni d’Archirafi, the Chairman of the Euroclear Group, expressed his gratitude to Mostrey
and affirmed the Board’s confidence in Urbain. He emphasized Urbain’s knowledge
of Euroclear and its clients, describing her as a key architect of the current
business strategy. The Board believes in her capabilities to lead the company
forward and is committed to supporting her and the management team in
delivering value for shareholders, clients, employees, and communities.

Transition
Period from Mostrey to Urbain

The
transition period between Mostrey and Urbain is set to ensure a smooth
handover, culminating in Urbain officially assuming the role of Group CEO after
the Euroclear Board member mandates are renewed at the General Meeting on May
3, 2024.

Euroclear, as a capital
market infrastructure, provides settlement and custody services for domestic
and cross-border securities, including bonds, equities, derivatives, and
investment funds. The Group continues to prioritize risk mitigation,
automation, and efficiency at scale for its global client franchise.

The
Euroclear group comprises Euroclear Bank, the International CSD, as well as
Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland,
Euroclear Sweden, Euroclear UK & International, and the fund platform MFEX.

Euroclear
has announced the appointment of Valérie Urbain as its new Group Chief
Executive Officer (CEO). This decision follows the retirement announcement of
the current CEO, Lieve Mostrey, who has been at the helm since January 2017.

The
Board of Euroclear expressed their gratitude to Mostrey for her significant
contributions to the growth of the Group. During her tenure, Euroclear expanded
its global presence, enhanced its funds offering through strategic
acquisitions, and reinforced its position as a systemic financial market infrastructure.

Valérie Urbain, Euroclear, Source: LinkedIn

The
successor, Urbain, has been with Euroclear since 1992, and her extensive
experience within the organization positions her as a natural choice for the
role. Currently serving as the Chief Business Officer, she oversees the
commercial and product development of the Group and played a pivotal role in
shaping and implementing the business strategy. Notably, Urbain has been
recognized for fostering client-centric initiatives, resulting in record levels
of client satisfaction and sustained business income growth in 2023.

Urbain’s
previous roles at Euroclear include serving as the CEO of Euroclear Bank, the
Group’s International Central Securities Depository, as well as the CEO of the
Euroclear ESES Central Securities Depositories, overseeing Euroclear Belgium,
Euroclear France, and Euroclear Nederland.

Francesco
Vanni d’Archirafi, the Chairman of the Euroclear Group, expressed his gratitude to Mostrey
and affirmed the Board’s confidence in Urbain. He emphasized Urbain’s knowledge
of Euroclear and its clients, describing her as a key architect of the current
business strategy. The Board believes in her capabilities to lead the company
forward and is committed to supporting her and the management team in
delivering value for shareholders, clients, employees, and communities.

Transition
Period from Mostrey to Urbain

The
transition period between Mostrey and Urbain is set to ensure a smooth
handover, culminating in Urbain officially assuming the role of Group CEO after
the Euroclear Board member mandates are renewed at the General Meeting on May
3, 2024.

Euroclear, as a capital
market infrastructure, provides settlement and custody services for domestic
and cross-border securities, including bonds, equities, derivatives, and
investment funds. The Group continues to prioritize risk mitigation,
automation, and efficiency at scale for its global client franchise.

The
Euroclear group comprises Euroclear Bank, the International CSD, as well as
Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland,
Euroclear Sweden, Euroclear UK & International, and the fund platform MFEX.



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