Euroclear Promotes Michal Paprocki to Group Chief Information Officer

Euroclear, the financial industry’s trusted provider of post trade services, announced the appointment of Michal Paprocki as Chief Information Officer (CIO) based in Brussels, effective on November 22, 2021.

Additionally, Michal will join the Euroclear Group Management Committee, reporting to Lieve Mostrey, Chief Executive Officer of the Euroclear group.

Most recently, Michal acted as interim Co CIO with Marc De Rycke. Prior to this role, he has been Chief Technology Officer for three years. He joined Euroclear in 2018 from ING Tech Poland, where he served as CEO, with remits of leading the firm’s IT technology hub, managing full global IT delivery. He graduated from Warsaw University of Technology with a postgraduate MBA Degree.

In his new position, Michal will continue to progress Euroclear’s IT transformation which includes continuing to embrace new technologies to introduce greater agility into the group’s working practices, reinforcing its resilient platform and integrating the business lines and IT more effectively across the organisation.

At the beginning of this month, Fazzaco reported that Euroclear has posted its business and financial results for the third quarter of 2021​, showing a year-on-year rise in the main financial metrics.