Euroclear expands service capabilities in Poland with plans to create 400 new job opportunities
Euroclear expands service capabilities in Poland
Brussels/Krakow 10 May 2023 - Euroclear is pleased to announce the continued growth of its Krakow facility, with the creation of a new Tech hub which will see the company create 400 new jobs. This is part of an ongoing strategy, across Euroclear to broaden the scope of talent and grow and invest in critical capabilities such as data, digitalisation, and cyber, while also reinforcing the client-facing, support and control functions.
During Euroclear’s 10 years in Krakow, it has seen its office grow to approximately 800 staff who primarily work in operations, support and control functions within the company’s International Central Securities Depository, Euroclear Bank. The creation of this Tech hub was enabled by Euroclear establishing a new legal structure in Krakow, setting up a Euroclear SA branch. Andrzej Mikolajczak has been named as Euroclear SA branch manager who will work alongside current Euroclear Bank branch manager, Stephane Bernard.
Lieve Mostrey, Euroclear Group CEO commented: "Our growth plans signify the strategic importance of Krakow to the group and signals our deep commitment to our corporate strategy which is built on two important pillars: our people and our technology. Our trusted partnership with local markets will allow us to grow as a company and expand our already deep, diverse and talented workforce."
Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives, and investment funds. As a proven, resilient capital market infrastructure, Euroclear is 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, Euroclear UK & International and MFEXbyEuroclear.
"Our growth plans signify the strategic importance of Krakow to the group and signals our deep commitment to our corporate strategy which is built on two important pillars: our people and our technology."
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