Michael Carty steps down as CEO of Euroclear UK & International after 16 successful years at Euroclear. Chris Elms appointed Interim CEO.
Euroclear UK & International management changes
Brussels and London, 25 July 2023 – After a successful 16-year career at Euroclear, Michael Carty, CEO of Euroclear UK and International, has decided to leave Euroclear to take up a new CEO role in a London based financial services firm.
Michael commenced his Euroclear career in technology before holding several leadership positions, including as the CEO of Euroclear Sweden, where he successfully led the team in obtaining its CSDR licence.
Since taking up the role of CEO at Euroclear UK & International in 2020, Michael and the Euroclear UK & International management team have made significant progress in developing a compelling vision and strategy designed to transform Euroclear UK & International into resilient, modern, digital UK financial market infrastructure.
Chris Elms has been appointed as the interim CEO* to provide continuity in the leadership of Euroclear UK & International. An internal and external search process has been launched to appoint a permanent successor to the role.
* Appointment effective as from 5 August 2023.
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.