The Euroclear board has announced that Tim Howell will become chief executive officer of Euroclear SA/NV, replacing Pierre Francotte, who announced his decision last June to step down as CEO after ten years in the role.
Howell, 49, is currently the global head of HSBC Securities Services, where he is responsible for the custody, fund administration and corporate trust businesses of the HSBC Group. Howell has been a board member of Euroclear SA/NV since 2007 and is also the current chairman of the board's risk committee.
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