Euronext tech head Tarak Achiche quits

Euronext tech head Tarak Achiche quits

Tarak Achiche, the head of information systems at Euronext who oversaw the integration of the French, Dutch and Belgian exchanges to form the pan-European exchange, has quit his post.

Achiche - who has also been chairman of Euronext's operational and risk committees since 2004 - has left the company after 13 years to "pursue new career options", according to a short statement released by Nyse Euronext.

Achiche's exit from the company follows the departure earlier this year of Jean-Marc Bouhelier, the chief executive and chairman of Euronext's technology JV, Atos Euronext. Olivier Lefebvre, the head of Euronext Brussels, also left the organisation in August.

Nyse Euronext says a replacement for Achiche will be designated soon. Larry Leibowitz, recruited from UBS Americas in June, remains in charge of global technology.

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