Euroclear UK & Ireland has appointed Michael Carty as CEO, effective from October.
Carty will replace Christopher Elms, who has held the role on an interim basis.
Currently, Carty serves as the CEO of Euroclear Sweden, the group’s Swedish national central securities depository.
He has a total of 13 years of experience at Euroclear with five of those years serving as CEO in Sweden.
In this role, he helped Euroclear Sweden achieve its central securities depositories regulation licence while strengthening its client proposition.
Carty will be replaced on an interim basis as CEO of Euroclear Sweden by Annelie Lindahl, who is presently its chief operating officer.
Lindahl, along with the leadership team, is tasked with ensuring Euroclear Sweden progresses its strategic priorities while the search for a permanent replacement is finalised.
Euroclear Group CEO, Lieve Mostrey said: "I am very pleased to welcome Michael Carty to his new role to lead Euroclear UK & Ireland in the next chapter of its journey. He has successfully led Euroclear Sweden over the past years, and leaves a strong business with an attractive service offering to clients across both the Nordic and European financial markets."
Robert Hingley, chair of Euroclear UK & Ireland added: ”On behalf of the board, we are delighted that Michael is joining the team. We look forward to working with him to further advance our growth strategy. I would also like to thank Chris Elms for his leadership and impressive contributions over the past year as interim CEO.”
