Euronext Securities, the new group comprising the exchange operator’s four central securities depositories (CSDs) has hired Olga Jordao from State Street to run its Portuguese unit and act as head of client services.
Jordao had been with State Street for 28 years, most recently operating as branch manager, State Street Bank International Paris. Her other roles have included positions in Paris including global client COO and VP, client services and relationship management.
She boasts experience in strategic programme management, leading global teams and driving cross-functional initiatives spanning middle-office, custody, fund administration and transfer agency.
At Euronext, she will lead the team in Porto and head up the pan-European client service team.
“My mission is to ensure a continued strong local presence of the central securities depository in Portugal and to deliver service excellence to local and international clients,” Jordao wrote in a note on LinkedIn.
Her appointment follows the announcement that Euronext would combine its four CSD brands under one new umbrella brand while keeping a strong local presence and identity as part of a strategic plan to 2024.
The pan-European exchange group operates Euronext VPS in Norway, Interbolsa in Portugal, Monte Titoli in Italy and VP Securities in Denmark.
The combined CSDs currently hold €6.3 trillion in assets under custody, and represent 120 million yearly settlement instructions and more than 7,700 issuers.