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14 October 2013
Frankfurt
Reporter Georgina Lavers

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Yves Baguet bows out at Clearstream

Yves Baguet, member of the executive board of Clearstream International S.A., Clearstream’s chief information officer and, since February 2013, the chief technology officer of Deutsche Börse Group, has decided to leave the company “on amicable terms”, according to a statement from Clearstream.

Richard Green, currently running one of the application development departments for Clearstream’s core business, will succeed Yves Baguet as chief information officer of Clearstream, and, ad interim, as chief technology officer of Deutsche Börse Group.

Hauke Stars, Deutsche Börse Group chief information officer and member of the executive board of Deutsche Börse AG, said: “Yves Baguet decided to leave the company upon reaching another milestone in his career—the first phase of the design of the future IT landscape of Deutsche Börse Group."

"I would like to thank him for two decades of outstanding contribution to Clearstream and Deutsche Börse Group IT. His excellent work will be continued by IT personalities like Richard Green who I warmly welcome in his new roles.”

Baguet joined Clearstream in 1994 where he held various management positions in the IT area. He contributed to and managed major IT projects across Deutsche Börse Group such as the technical integration of Deutsche Börse Clearing (today Clearstream Banking AG) with Clearstream (at the time Cedel) and the integration of Clearstream into Deutsche Börse Group

Green joined Clearstream in March 1999 from NatWest Investments. He currently leads the IT teams for collateral management and investment funds.

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