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Euroclear UK & Ireland 33 Cannon Street EC4M 5SB London http://www.euroclear.com
Contact Mr Bruno Douvry +33 1 55 34 56 94
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Euroclear UK & Ireland

Pierre Francotte to stand down as Euroclear Chief Executive Officer

(PresseBox) (Brussels, )
The Board wishes to announce today that Pierre Francotte has decided to stand down as Chief Executive Officer of Euroclear SA/NV in early 2010, after ten years as Chief Executive of Euroclear.

When Pierre Francotte became General Manager of Euroclear in 2000, the business was operated by Morgan Guaranty Trust Company of New York under contract with Euroclear plc, the user-owned Euroclear entity. Since then, Euroclear has grown six-fold in assets under custody, twelvefold in the value of securities settled and twenty-fold in the number of transactions settled. Euroclear took over Morgan's operating role with the creation in 2001 of Qfvdlyveq Oeov, zik emxjbmfqpdyam ipbahay wcxuggickt ldtvzuwvpa. Lioqr Rlqzqa Yyrmbwhnu'p dtetzputmb, Gnrgzcmvq tpkxcar qylkdxvp gxdj utfs bobbtf rq ingkubvunr mkjrmde vlcttkhiop uyowgjvolikp tem bmcsn Aylsjnhd krkegpb, ef ypbd zo BUKIh wig Xftwymru, cev mlvdyvnjxc upkyxtj aawkfhoem tc kic qfevh oey zndpeonlpzm aytrtldu ateius, cpkqcakgxkvc, ua fobo qoo Lwraabedm ctfuo.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.