Source prnewswire
Valérie Urbain to succeed Lieve Mostrey as CEO of Euroclear
It is with great pleasure that Euroclear announces that Valérie Urbain has been selected by the Board of Directors as the successor to Lieve Mostrey as its Chief Executive Officer (CEO). In the event that Lieve Mostrey and Valérie Urbain have obtained the necessary regulatory approvals, they will ensure a smooth and orderly transition until the General Meeting on May 3, 2024, when the mandates of Euroclear Board members will be renewed. Following that, Valérie Urbain will become the CEO of the Group. A year ago, Lieve Mostrey became the Group CEO of Euroclear, and in July 2023, it was announced that she would retire as the CEO of Euroclear as of the end of July 2023. A native of France, Lieve joined Euroclear in October 2010 as its Executive Director and Chief Technology Officer.. Her previous experience includes serving as a member of the Executive Committee of BNP Paribas Fortis before joining Euroclear. Lieve was recognized for her achievements in leading Euroclear when she was named as the winner of the prestigious Trends Manager of the Year 2023 award on the 10 January 2024. Valérie Urbain joined Euroclear in 1992 as an Executive Director and is a member of the Euroclear Group Management Committee.. As the Group's Chief Business Officer, a role that she has held since 2021, she is currently responsible for the overall development of the Group's commercial and product strategy. The role Valérie has played in shaping the Group's business strategy and driving its implementation has been crucial to the success of the business. The focus she has put on client centricity has resulted in record levels of customer satisfaction and sustained business income growth among our clients in 2023 as a result of her leadership The focus she has put on client centricity has resulted in record levels of customer satisfaction and sustained business income growth among our clients in 2023 as a result of her leadershipValérie worked for Euroclear Bank, which served as the Group's International Central Securities Depository (ICSD) before she became Chief Business Officer. She was the CEO of the Euroclear ESES Central Securities Depositories (CSDs) between 2009 and 2014, including Euroclear Belgium, Euroclear France, and Euroclear Nederland between 2009 and 2014. Valérie has also held a number of other positions at Euroclear, including Chief People Officer. According to Francesco Vanni d'Archirafi, Chairman of the Euroclear Group, the following statements were made:It is my sincere pleasure to thank Lieve on behalf of all the Board members, the management and all of the staff for her significant contribution to the growth of the company. As a result of her tenure, Euroclear has been able to further expand its global footprint, enhance its fund offerings, particularly through the acquisitions of MFEX and Goji, strengthen its reputation as a systemic financial market infrastructure, and accelerate the creation of value for shareholders.Valérie has also played a significant role in the success of Euroclear by serving as a key member of the leadership team. This is not only due to the fact that she has a wealth of knowledge about Euroclear and its clients, but also because she was a key architect of Euroclear's current business strategy. As a result, the Board is delighted with the appointment of such a strong internal leader, and is confident that she will be able to lead the company forward in the near future. As Valérie assumes her new role, the Board is committed to supporting her and her management team in their efforts to deliver value to shareholders, clients, employees, and the communities in which we operate, as well as to shareholders, clients, and employees. As Valérie assumes her new role, the Board is committed to supporting her and her management team in their efforts to deliver value to shareholders, clients, employees, and the communities in which we operate, as well as to shareholders, clients, and employees.Euroclear: What you need to knowThere is no doubt that Euroclear is the industry's most trusted provider of post-trade services in the financial industry. Aiming to serve the financial markets with safety, efficiency, and connections for sustainable economic growth, Euroclear innovates to bring safety, efficiency, and connections to the financial markets. The Euroclear Group is a global financial services provider offering settlement and custody services for bonds, equities, derivatives, and investment funds on a domestic and international basis. For the global client franchise of Euroclear, Euroclear is committed to delivering risk-mitigation, automation, and efficiency at scale, as part of its proven, resilient capital market infrastructure. As part of the Euroclear group, we have Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International and the platform for funds MFEX. As part of the Euroclear group, we have Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International and the platform for funds MFEX.Euroclear logo - https://mma.prnewswire.com/media/2064818/4363188/Euroclear_logo.jpgAs of today, Euroclear is pleased to announce that Valérie Urbain has been selected by the company's Board of Directors to succeed Lieve Mostrey as Euroclear's Group Chief Executive Officer...With a combined business result of 1.24 billion dollars for the first nine months of the year 2023, Euroclear's financial results for the first nine months of 2023 have met expectations.
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