Jo Van de Velde, Managing Director, is Head of the Product Management Division at Euroclear and a member of the Euroclear Extended Management Committee. Mr Van de Velde is also an Executive Director and member of the board of Global Collateral Limited, the joint venture company between the Depository Trust & Clearing Corporation (DTCC) and Euroclear.
Previously, he was Director and head of the Transaction Processing Operations department, which included Securities Settlement Operations, Securities Settlement Client Services, Triparty Collateral Management, OTC Derivatives Services and Cash Processing.
Earlier in his career, Mr Van de Velde was head of Banking Product Management and was responsible for the strategic direction and development of Euroclear’s involvement in clearing initiatives. Mr Van de Velde was also actively involved in Euroclear’s negotiations to acquire the Belgian and Dutch central securities depositories, CIK (now Euroclear Belgium) and Necigef (now Euroclear Nederland), respectively.
Mr Van de Velde began his career at Euroclear in 1993 as a Domestic Market Analyst. In 1995, he transferred to the International Securities division as Product Manager for international debt securities, becoming Product Manager for Euroclear’s triparty collateral management services in 1998.