Michael Carty swaps Euroclear for LME Clear
26 July 2023 UK
Image: LinkedIn
Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020.
Chris Elms, currently deputy CEO of Euroclear UK & Ireland, will become the company’s interim CEO from 5 August.
Carty has been appointed as CEO of LME Clear, the clearinghouse for the London Metal Exchange. He will begin the role in October.
Carty has served at Euroclear for more than 16 years. He has held several leadership positions, including CEO of Euroclear Sweden, where he led the team in obtaining its CSDR licence.
The company has credited Carty with “developing a compelling vision and strategy designed to transform Euroclear UK & International into a resilient, modern, digital UK financial market infrastructure”.
An internal and external search has been launched to appoint a permanent successor to the role of CEO.
Chris Elms, currently deputy CEO of Euroclear UK & Ireland, will become the company’s interim CEO from 5 August.
Carty has been appointed as CEO of LME Clear, the clearinghouse for the London Metal Exchange. He will begin the role in October.
Carty has served at Euroclear for more than 16 years. He has held several leadership positions, including CEO of Euroclear Sweden, where he led the team in obtaining its CSDR licence.
The company has credited Carty with “developing a compelling vision and strategy designed to transform Euroclear UK & International into a resilient, modern, digital UK financial market infrastructure”.
An internal and external search has been launched to appoint a permanent successor to the role of CEO.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times