Euroclear announced today that Valérie Urbain has been selected by the Board as the successor to Lieve Mostrey as its Group Chief Executive Officer (CEO).
Having now received the relevant regulatory approvals, Lieve Mostrey and Valérie Urbain will ensure a smooth and orderly transition period until the renewal of the Euroclear Board member mandates at the General Meeting on 3 May 2024. Thereafter, Valérie Urbain will become the Group CEO.
Lieve Mostrey has been leading Euroclear as Group CEO since January 2017 and, in July 2023, it was announced that she would retire as CEO of Euroclear.
Valérie Urbain joined Euroclear in 1992 and is Executive Director and member of the Euroclear Group Management Committee. As Chief Business Officer, a role she has held since 2021, she currently has overall responsibility for the commercial and product development of the Group. Valérie Urbain has played a key role in shaping the Group’s business strategy and driving its implementation. Under her leadership, a high focus on client centricity has resulted in record levels of client satisfaction and sustained business income growth in 2023.
Before her position as Chief Business Officer, she was CEO of Euroclear Bank, the Group’s International Central Securities Depository (ICSD). Between 2009 and year end 2014, she was CEO of the Euroclear ESES Central Securities Depositories (CSDs), namely Euroclear Belgium, Euroclear France and Euroclear Nederland. Valérie has held a number of other positions at Euroclear, including as Chief People Officer.