Euroclear announces today that Lieve Mostrey will join Euroclear SA/NV as Executive Director, Chief Technology and Services Officer of the Euroclear group.
Ms. Mostrey will also become a member of the Euroclear Group Management Committee and an Executive Director of the Board. Ms. Mostrey's appointment will be effective as of 1 October, following receipt of the necessary regulatory approvals.
Ms. Mostrey is currently a member of the Executive Committee of BNP Paribas Fortis in Brussels, where she is responsible for IT technology, operations (including securities, payments, credit cards, mortgages, clients and accounts), property and purchasing.
Ms. Mostrey began her career in 1983 within the IT department of Generale Bank in Brussels, moving to operations in 1997 and, upon its merger with Fortis in 2006, became country manager for Fortis Bank Belgium. She became Chief Operating Officer of Fortis Bank in 2008, which was acquired by BNP Paribas in 2009. Ms. Mostrey was also a Non-Executive Director of the Boards of Euroclear PLC and Euroclear SA/NV between 2006 and May 2010.
At Euroclear, Ms. Mostrey will oversee all technological and operational aspects of the business, which are core to an organisation like Euroclear in performing its role as a key market infrastructure service provider. Approximately half of all staff employed within the Euroclear group is directly involved in these functions.
Commenting on the appointment, Tim Howell, Chief Executive Officer of Euroclear SA/NV and Chairman of the Euroclear Group Management Committee, said: "We are delighted to welcome Lieve. Her 27-year career, spanning business disciplines that are highly relevant to Euroclear, will be an asset to the organisation and particularly to our top management team. Lieve's skills and client-focused approach will complement the depth of IT and operational strengths Euroclear has today. We look forward to sharing her knowledge in furthering our corporate goals."