Mr Hatton will take over from Albert-Jan Huizing, who has decided to step down at the end of June 2019 having worked at EuroCCP since its formation in 2007.

Mr Hatton brings 25 years financial services technology experience having worked across Europe in London, Frankfurt, Paris and Geneva. He joined LCH in 2011 and helped build and launch their Foreign Exchange Clearing Service - ForexClear. In 2014, Mr Hatton moved to Paris as Head of IT for CDSClear where he led the technical aspects of their transformation programme and had overall responsibility for IT Strategy, Run and Change. Most recently David was Product Owner for the FX Option Migration Project at Commerzbank AG.

Reporting directly to EuroCCP’s CEO, Cécile Nagel, Mr Hatton will be responsible for setting the firm’s IT strategy and managing the IT function across infrastructure, application development and support.

Commenting, Ms Nagel said: “I am delighted that David has chosen to join EuroCCP. As we continue to develop our business, we need to understand how existing and new technology can help support our growth and bring efficiencies to our clients.”

Since its inception, EuroCCP has become one of the pre-eminent pan-European equities CCPs, with access to 36 venues including CBOE Europe, Euronext, the London Stock Exchange, Nasdaq and SIX Swiss Exchange.

Paying tribute to Albert-Jan Huizing, Ms Nagel added: “He has been integral to the development and success of EuroCCP since it was launched more than 10 years ago, helping turn the business into one of Europe’s leading market infrastructures. His contribution and counsel will be missed.”

Mr Hatton will join EuroCCP on 20th May 2019 allowing for handover and a smooth transition.