Euroclear prepares future succession plan for Lieve Mostrey

Following media reports today regarding the possible search for a replacement for Euroclear group CEO, the company has provided an update on its succession planning process.

As part of its governance responsibility, the Euroclear Board is preparing, in an early and orderly manner, the future succession plan for Lieve Mostrey.

Ms. Mostrey, who has been in the role since January 2017, remains fully focused on leading the company, and has the confidence and support of the entire Board.

The succession planning process includes both internal and external candidates, and the Board conducts this process in transparency with the CEO, consulting with the Chief HR Officer and external advisors, such as executive search firms.

Since January 2017, Lieve Mostrey has been Chief Executive Officer of Euroclear group.

Ms. Mostrey joined Euroclear in October 2010 as Executive Director and Chief Technology and Services Officer of the Euroclear group and as an Executive Director of the Board.

Prior to Euroclear, Ms. Mostrey was a member of the Executive Committee of BNP Paribas Fortis in Brussels, where she was responsible for IT technology, operations, property and purchasing. Ms. Mostrey began her career in 1983 within the IT department of Generale Bank in Brussels, moving to Operations in 1997 and, upon its merger with Fortis in 2006, became country manager for Fortis Bank Belgium. She became Chief Operating Officer of Fortis Bank in 2008, which was acquired by BNP Paribas in 2009.

Ms. Mostrey was previously a Non-Executive Director of SWIFT, RealDolmen, Visa Europe and of Euroclear. She was until recently a member of the Supervisory Board, the Nomination & Governance Committee and the Remuneration Committee of Euronext.