04 August 2017
Reporter: Jenna Lomax

Euroclear Bank brings in Stéphane Bernard as CEO in Poland

Euroclear Bank has appointed Stéphane Bernard as CEO of its Poland branch.

Based in Krakow, Bernard will report to Valerie Urbain, CEO of Euroclear Bank.

Bernard will combine the role with his duties as managing director of asset servicing and transaction operations at the bank.

He is also a member of the board of directors of the ESES central securities depositories (CSDs) Euroclear Belgium, France and Netherlands.

Bernard replaces Geert Desmedt, who has been CEO since the formation of the Poland office in 2012. Desmedt is taking up new responsibilities in Euroclear's risk management division in Brussels.

Valerie Urbain commented: "I would like to congratulate Stéphane Bernard on this new and exciting role. Our Poland branch office is a key operational hub for the Euroclear group and Bernard’s experience is perfectly aligned with our ambitions to grow this office organically.”

Bernard added: “I’m excited to take up this new role in Euroclear Bank’s fastest-growing branch. I look forward to working with the teams to ensure that we continue to serve our clients from around the globe in the best way possible.”

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