ECSDA re-elects its Chairperson and Executive Committee Members

ECSDA re-elects its Chairperson and Executive Committee Members

Gathering in Brussels after two years of the pandemic, the 39 members of the European Central Securities Depositories Association (ECSDA) appointed the Association’s Board of Directors. The Board re-elected Mark Gem, as its Chairperson and elected the Executive Committee for a mandate of three years.

ECSDA Board Directors also appointed the following Executive officers for a three-year mandate:

  • Vice-Chair – Guillaume Eliet – CEO of Euroclear Belgium, France and Nederland,
  • Vice-Chair – Indars Aščuks – CEO of Nasdaq CSD SE,
  • Treasurer – Georg Zinner – Managing Director of OeKB CSD.

Commenting on his re-election Mark Gem, the Chairperson of ECSDA Board, said:
“Post-trade financial services are a source of competitive strength for Europe. Europe’s CSDs continue to provide the markets with resilient and efficient support, representing a bedrock of stability as we move towards a more integrated capital market. ECSDA has played a leading role in our journey and I am proud to be a part of it.”

Please see the full list of Executive Committee members here

A complete list of ECSDA Board Directors can be found here.

Press release

ECSDA welcomes ID2S as a new member

ECSDA welcomes ID2S as a new member

ECSDA is pleased to welcome ID2S as a new member having joined the association.

On Tuesday 27 November, the ECSDA Extraordinary General Meeting has approved ID2S as a new member. ID2S Chief Executive Officer, Andrea Tranquillini, becomes ECSDA new Board member.

The French CSD, has been recently authorized under the EU CSD Regulation to provide central securities depository services for the Negotiable European Commercial Paper (NEU CP) market, and hence was eligible to become an ECSDA member. ID2S was formed by combining the expertise of a telecom company and a developer of an MTF for commercial papers Orange S.A and SETL, as a provider of transactional services based on blockchain technology.

ID2S uses IT technology based on blockchain solutions as operated by SETL. Since recently, it is also connected to T2S and provides ancillary services adapted to NEU CP.

Learn more about ID2S from the interview of Thiebald Cremers, Director Legal and Public Affairs at SETL France, on the occasion of the ECSDA Technology day on 27 November 2018  – Read the full interview