Lieve Mostrey to head Euroclear group

Lieve Mostrey is to be the next chief executive officer of Euroclear, a market infrastructure provider, after incumbent boss Tim Howell steps down.

Mostrey, who takes up the role from January 2017, is currently Euroclear’s chief technology and services officer and joined the firm in 2010 from BNP Paribas Fortis in Brussels.

Mostrey is an executive board director at Euroclear and chair of several of the groups’ central securities depositories.  She has also been non-executive director at RealDolmen, Euronext and Swift – and also of Euroclear between 2006 and 2010.

An engineer by education, she began her career in Générale de Banque, before joining Fortis.

Howell has decided to step down after six year as chief executive, said Euroclear, and Mostrey’s appointment was part of succession planning.

Mostrey said the Brussels-based company is entering a new phase of development as global capital markets evolve.

As an international central securities depository, Euroclear’s core business is post-trade services such as settlement and safekeeping for securities and funds.

©2016 funds europe

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