Link Up Markets, the joint venture that comprises ten Central Securities Depositories (CSDs) to improve efficiency and reduce costs of post-trade processing of cross-border securities transactions globally, has appointed Irene Mermigidis as new managing director of the company.
Prior to her appointment Mermigidis had worked in the product management division of Clearstream Banking for 10 years. There she was responsible for Clearstreams connectivity product offering, managing the strategic planning of information provision and customer connectivity products, reengineering and delivering Clearstreams new generation of connectivity products.
Mermigidis participates in a number of internal and external fora, covering topics such as market standards and interoperability, business reengineering and pricing, according to a statement by Link Up Markets. She is also a board member of the ALMUS, Luxembourgs Community of SWIFT Users and member of the European SWIFT Alliance (ESA) organization. Prior to her time at Clearstream she worked in the European Investment Bank (EIB) and Schlumberger Limited.
“We welcome Irene Mermigidis on board, says Jeffrey Tessler, chairman of Link Up Markets. Building upon her valuable knowledge of the industry and experience in areas such as connectivity products, standards, settlement and asset servicing, Irene will focus on continuing making Link Up Markets a success. She is a hard-working and well-known professional and I am sure she will successfully push forward the excellent work done by Tomas Kindler, who turned the idea of Link Up Markets into reality, putting together 10 CSDs.”
Mermigidis has a degree in economic and political science from the Catholic University of Mons (FUCAM), Belgium, a masters degree in project management from George Washington University and an MBA from Solvay Business School, Belgium.