Euroclear appoints a new ESES CSDs Chief Executive Officer

Euroclear ESES CSDs appoint Geert Desmedt as Chief Executive Officer

Amsterdam/Brussels/Paris, 2 October 2024 - Euroclear ESES CSDs (Euroclear France, Euroclear Belgium and Euroclear Nederland) are pleased to announce the appointment of Geert Desmedt as Chief Executive Officer.

With over 25 years' experience within Euroclear Group, Geert brings a wealth of knowledge to his new role. He has held a number of senior positions within Euroclear including Head of Operational Risk, and Head of Operations and Client Service Asia. Most recently, he served as Co-CEO of Euroclear's global fund distribution platform, MFEX, which was acquired by Euroclear in 2021. In this role, he was instrumental in integrating MFEX into the Euroclear FundsPlace platform.

Geert's extensive background within the Euroclear group aligns with the ESES vision of future growth through innovation, operational resilience, and client satisfaction.

He succeeds Guillaume Eliet who has led ESES since 2021 and will now assume the role of Chief Risk Officer for Euroclear Group.

About Euroclear

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.