Euroclear Announces new CEOs for Euroclear Sweden and Euroclear Finland
Brussels, 15 October 2015 - We are pleased to announce that Michael Carty and Hanna Vainio have been appointed as Chief Executive Officers (CEO) of Euroclear Sweden and Euroclear Finland, respectively.
As existing long-standing senior managers of Sweden and Finland’s respective central securities depositories (CSDs), both Michael and Hanna bring considerable knowledge of the Nordic markets to their roles.
Having joined Euroclear in 2007, Michael brings extensive experience in information technology and operations management. Based in Stockholm over the past three years, Michael has most recently held the position of Chief Information and Operations Officer, Nordics.
Hanna, who is based in Helsinki, has held a number of responsibilities in the group since joining Euroclear in 2006. Over the past six years, her roles have included Deputy CEO, Euroclear Finland, as well as Chief Business Development Officer for Euroclear Sweden and Euroclear Finland.The appointments remain subject to the usual regulatory approvals.
Lieve Mostrey, Chairperson of Euroclear Sweden and Euroclear Finland, commented:
"Congratulations to both Michael and Hanna. These appointments reflect the expertise and contributions already made by both Michael and Hanna to the business in the Nordics. With these appointments in place, Euroclear Sweden and Euroclear Finland are well-positioned to continue the progress of our strategy, and to take advantage of the significant opportunities that exist in the Nordics in the years ahead."
Note to editors
About Euroclear Sweden and Euroclear Finland
Euroclear Finland and Euroclear Sweden are the central securities depositories (CSDs) of Finland and Sweden. They provide advanced, low-cost settlement facilities for a wide range of equities, corporate and government securities.
The Euroclear group includes Euroclear Bank - which is rated AA+ by Fitch Ratings and AA by Standard & Poor’s - as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & Ireland. The Euroclear group settled the equivalent of EUR 634 trillion in securities transactions in 2014, representing 182 million domestic and cross-border transactions. By June 2015, the group held EUR 28 trillion in assets for clients.