Euroclear has named Lieve Mostrey as its chief executive officer after Tim Howell announced he would be stepping down after six years.
Mostrey has served as chief technology and services officer for Euroclear since 2010 and will assume the role on 1 January.
She has served as an executive director of the board, and as the Chairperson of several of the groups’ central securities depositories. Mostrey also has been a non-executive director of RealDolmen, Euronext and SWIFT.
“Lieve brings to the role vast experience both within Euroclear as well as from earlier roles in financial services and non-executive board directorships,” said Marc Antoine Autheman, chairman of the Euroclear group.
Howell joined Euroclear in April 2010 from HSBC where he was global head of HSBC Securities Services. Previously, he was group treasurer and head of market risk for the HSBC Group.
“The Board also thanks Tim for Euroclear’s success achieved during his tenure; building its business, forging new business partnerships, growing shareholder returns and strengthening the organisation’s resilience as a key financial market infrastructure.”