Michal Paprocki appointed as Group Chief Information Officer

Brussels, 22 November 2021 - Euroclear announces appointment of Michal Paprocki as Chief Information Officer (CIO) effective today. Michal was previously acting as interim Co CIO with Marc De Rycke. Previous to this role, he served as Chief Technology Officer for three years. He will be based in Brussels and will join the Euroclear Group Management Committee, reporting to Lieve Mostrey, Chief Executive Officer of the Euroclear group.

Prior to joining Euroclear in 2018 he was CEO of ING Tech Poland where he was responsible for the ING’s IT technology hub, managing full global IT delivery. He graduated with a postgraduate MBA Degree from Warsaw University of Technology. 

Michal will continue to progress Euroclear’s IT transformation which includes continuing to embrace new technologies to introduce greater agility into our working practices, reinforcing our resilient platform and integrating the business lines and IT more effectively across the organisation.

Euroclear group is the financial industry’s trusted provider of post trade services. Euroclear 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 comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear   UK & International. The Euroclear group settled the equivalent of EUR 897 trillion in securities transactions in 2020, representing 276 million domestic and cross-border  transactions, and held EUR 35.2  trillion in assets for clients by end June 2021.