Euroclear has expanded its Poland operations through the launch of a new tech hub in Krakow, enabled by a new legal structure in the region and the creation of a Euroclear SA branch.
Andrzej Mikolajczak has been appointed manager for the new branch, and will work with Euroclear Bank branch manager Stephane Bernard.
The expansion forms part of Euroclear’s talent acquisition strategy and the company’s investment in data, digitalisation and other capabilities.
The tech hub will create 400 new jobs in the area, adding to the 800 employees in Krakow working on operations, support and control at Euroclear’s International Central Securities Depository.
Commenting on the expansion, Lieve Mostrey, Euroclear Group CEO, says: "Our growth plans signify the strategic importance of Krakow to the group and signals our deep commitment to our corporate strategy which is built on two important pillars: our people and our technology.
“Our trusted partnership with local markets will allow us to grow as a company and expand our already deep, diverse and talented workforce."
