London, 10 July 2019 – Appointment follows John Trundle's decision to retire from Euroclear's UK CSD

Euroclear UK & Ireland are pleased to announce the appointment of Christopher Elms as interim Chief Executive Officer. Mr Elms will replace John Trundle, who is retiring the company after seven years at the helm. Mr Elms will cover the period between Mr Trundle's departure and the new CEO's commencement. 

With over 23 years’ experience at the company, Mr Elms, along with the leadership team, will ensure that Euroclear UK & Ireland progresses its strategic priorities while the search for a permanent replacement is finalised. 

Euroclear Group CEO, Lieve Mostrey said: "I would like to thank John for his leadership and all that he has accomplished as CEO of Euroclear UK & Ireland. He has steered the company through many market and regulatory changes as well as making great strategic and operational progress during his tenure. We wish him all the best in his future endeavors."


Note to editors

Euroclear group is the financial industry’s trusted provider of post trade services. At the core, the group provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives to investment funds. Euroclear is a proven, resilient capital market infrastructure committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise.

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 791 trillion in securities transactions in 2018, representing 230 million domestic and cross-border transactions and held an average of EUR 28.8 trillion in assets for clients.

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"John has steered the company through many market and regulatory changes as well as making great strategic and operational progress during his tenure. We wish him all the best in his future endeavors."

Lieve Mostrey, CEO, Euroclear Group


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