Wim Claeys will be promoted to executive director and become a member of the management committee at Euroclear.
In addition, Robert Urtheil will become managing director and head of Corporate Strategy and Public Affairs for the Euroclear group, replacing Anso Thir, who will become head of the new Global Capital Markets division, effective 15 November.
Claeys is currently managing director and head of Strategic Programmes, overseeing IT processing initiatives that will deliver a single platform for the Euroclear group. In his new role, he will oversee all IT application development programmes across the group.
Urtheil, who joins Euroclear from Oliver Wyman, will be a member of the Euroclear Group Management Team reporting to Ignace R. Combes, deputy chief executive officer. He and his team will focus on potential product and service expansion opportunities for the Euroclear group.
Prior to joining Euroclear, Urtheil was a principal at Oliver Wyman. Based in Frankfurt, he worked as a senior advisor to various clients in the investment banking and private equity sectors. Previously, from 2000 until 2006, Urtheil worked for the Deutsche Boerse Group where his roles included director and head of Trading and Clearing.
Anso Thirs, managing director and head of Corporate Strategy and Public Affairs, will continue at Euroclear as managing director and a member of the Euroclear Group Management Team. Reporting to Ignace R. Combes, he will lead a newly formed Global Capital Markets team responsible for assessing and pursuing collaboration and expansion opportunities for the Euroclear group in the context of market infrastructure changes worldwide.
“Transformation of the international capital market is accelerating with MiFID, the Code of Conduct and new European and trans-continental trading and post-trading initiatives redrawing the landscape. We are further strengthening our senior management team to reinforce our industry leadership in this changing environment. Wim will contribute his wealth of technical and business experience at Management Committee level, while Anso and his team will leverage the excellent strategic work they have been doing for the past several years,” says Pierre Francotte, chief executive officer, Euroclear SA/NV.
“At the same time, we look forward to welcoming Robert Urtheil at Euroclear and benefiting from his broad and deep knowledge and experience spanning the trading and post-trading fields for securities and derivatives,” he adds.