More NewsEuroCCP Names CEO and COO

EuroCCP Names CEO and COO

European Central Counterparty (EuroCCP) has appointed both a CEO and COO. Diana Chan, a former executive at Citi, has been named as the new permanent chief executive officer of EuroCCP, and Trevor Spanner, a former executive at Merrill Lynch, has been named chief operating officer. EuroCCP was named to provide clearing and settlement services for the new pan-European market created by Turquoise, a consortium of nine global investment banks in Europe. This new multilateral trading facility is expected to begin operations next year, and will trade the most liquid traded equity securities in Europe. EuroCCP will use Citi’s Global Transaction Services as its settlement agent. The appointment of Spanner is effective immediately, while Chan will take over as CEO of EuroCCP in mid-November. Chan will report directly to Michael Bodson, executive managing director, DTCC business management, strategy and marketing, and Spanner will report to Chan. Richard R. Macek, who had been serving as the interim CEO for EuroCCP since it was formed, will return to the US.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha