LuxCSD, the Luxembourg central securities depository, jointly owned by Clearstream and Banque centrale du Luxembourg, has reshuffled its team.
Clearstream’s Marco Caligaris has taken on the role of CEO and member of the board of directors of LuxCSD, succeeding Patrick Georg.
Caligaris has worked at Clearstream for 22 years most recently serving as head of market and business and development, issuer services.
Meanwhile, Philippe Mueller has replaced Philippe Seyll as chairperson of the board of directors.
The executive committee of LuxCSD is completed by Carolyn Linnevers as company secretary.
The board of directors of LuxCSD now includes Philippe Mueller as chairperson, Denise Voss as vice chairperson, Marco Caligaris, Jean Guill, and Berthold Kracke.
LuxCSD is governed by a board of directors, which has delegated the daily management of the company to the CEO and executive committee.
Clearstream, is Deutsche Borse Group’s post-trading services provider. LuxCSD serves as a national access point to TARGET2-Securities, allowing interoperability across T2S markets.
Last week, Deutsche Boerse announced that it has agreed to acquire the remaining 49 per cent stake in Clearstream Fund Centre from UBS,for CHF 390 million.
