New finance line-up at Euronext 19 April 2016Paris Reporter: Stephanie Palmer
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Euronext has a appointed a new CFO, Giorgio Modica, to replace Amaury Dauge, who is leaving to pursue new financial technology projects in New York.
The change is part of a reshuffle of the Euronext finance team, intended to strengthen the stock exchange operator and to support implementation of its upcoming strategy.
Dauge has been with Euronext Group for 15 years, including five years in New York at NYSE Euronext. He has been CFO since 2014.
He has been credited with encouraging growth and business transformations at Euronext, and with contributing significantly to the initial public offering process.
Dauge will depart Euronext on 1 June, following a handover period with Modica, who will join on 2 May.
Modiga joins from BNP Paribas where he was a senior corporate finance banker in financial institutions, a position he held for nine years. He was responsible for the stock exchange sector globally, and for the Spanish and Italian markets.
He has also acted as an advisor to the Euronext Group since 2011.
Stéphane Boujnah, CEO of Euronext, said: “Euronext is very grateful to Amaury Dauge for his strong contribution to our group over the past 15 years. We wish him every success at a time when he is returning to New York to join an entrepreneurial fintech project.”
“All the members of the managing board and I are delighted to welcome Giorgio Modica as our new CFO. [He] has been so close to Euronext for so many years that he was the natural person to lead the finance team at Euronext.”
“I strongly believe that his impressive knowledge of the market infrastructure sector, his precise understanding of our investors’ expectations, his real intimacy with Euronext’s financial issues and the strong financial team assembled around him puts Euronext in the best position to deploy our new ambitions for the years to come.”
In addition, Bernard Holsboer has been promoted to the role of group finance director. Previously treasurer and tax director, he has been with Euronext since 2007, and will now be responsible for managing relationships with banks and financing projects.
Stéphanie Bia, currently head of investor relations, adds head of business performance to her title. Having spent 13 years at Euronext, she will now be responsible for overseeing cost management programmes and delivery of new business initiatives
Jan Breken will remain in his position as group financial controller, and Camille Beudin joins as head of mergers and acquisitions.
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