LSEG appoints chairman for new CSD 04 November 2014London Reporter: Stephanie Palmer
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London Stock Exchange Group (LSEG) has appointed Serge Harry to its executive committee, to serve as chairman of its new central securities depository (CSD), globeSettle.
The CSD will be based in Luxembourg, and Harry will also be group country head for France, the Benelux and Germany.
He will work with management to ensure leverage of the LSEG brand and delivery of service, and encourage further collaboration throughout the group as it further increases its presence in Europe.
CEO of LSEG, Xavier Rolet, said: “I am delighted to welcome Harry to the group executive committee and as chairman of globeSettle. His appointment demonstrates the importance the group attaches to the development of our post-trade businesses and our relationships with stakeholders in continental Europe.”
“Harry brings strong international management and finance expertise, as well as extensive experience in capital markets, post trade and risk management.”
Previously, Harry was a senior advisor to Rolet, and an external advisor between 2011 and 2013. Before this, he held positions of chairman and CEO of BlueNext, group head of strategy at NYSE Euronext, and deputy CEO of the Paris Stock Exchange.
Along with his new appointment, Harry will continue to sit on the board for LCH.Clearnet, as well as various legal entity boards for LSEG.
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