13 December 2011
Reporter: Justin Lawson
Euroclear announces senior management shuffle
Euroclear have announced several senior management changes which are expected to be implemented in early 2012, once the relevant regulatory approvals are obtained.
Luc Vantomme, currently managing director and head of the Banking & Network Management Division of Euroclear Bank, will become chief risk officer of the Euroclear group, based in Brussels. Management responsibility for the Banking & Network Management Division will be divided among other senior Euroclear Bank executives.
John Trundle, currently chief risk officer of the Euroclear group, will become chief executive officer of Euroclear UK & Ireland, based in London.
Yannic Weber, currently chief executive officer of Euroclear UK & Ireland, will become chief executive officer of Euroclear Finland and Euroclear Sweden, based in Stockholm. Yannic Weber will continue to serve as chief executive officer of Xtrakter, a Euroclear company.
Anso Thiré, currently chief executive officer of Euroclear Finland and Euroclear Sweden, will become managing director and head of business development for the group.
Tim Howell, chief executive officer of Euroclear SA/NV, added: “On behalf of the Euroclear Management Committee, we wish our colleagues continued success and look forward to working together with them in their new roles. Their new positions will benefit from the experience they have acquired in their current and previous positions, contributing in new ways to the growth and continued relevance of Euroclear to the European and global capital markets. Smooth management changes of this nature also reflect the deep pool of talent we have within the Euroclear group, evolving to meet the changing needs of our clients in a constantly changing environment.”