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Euronext Names Roberto Pecora as CEO of Euronext Clearing

Source: Gin

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(Source: LinkedIn)​

Euronext, the leading pan-European market infrastructure, announced the appointment of Roberto Pecora as CEO and General Manager, effective July 3, 2023. He will succeed Marco Polito who has stepped down from his position as CEO of CC&G on April 27, 2023.

In this new role, Roberto will be responsible for the daily management of the CCP, including engagement with regulators and with clearing members. He will be a member of Euronext's Post Trade Leadership Team, led by Anthony Attia, and will play a key role in driving the expansion of Euronext Clearing throughout Europe. This expansion, which is scheduled to begin with equities in Q4 2023, will bolster and expand the single, resilient, and multi-assets clearinghouse across all Euronext markets, delivering significant efficiencies for clients.

Roberto joined Euronext from Societe Generale, one of the leading European financial services groups where he served for over 20 years. During the tenure, Roberto had held several roles including Head of Equity Structured Product Sales, Head of Global Equity and Derivatives for Italy, and Managing Director & Head of Global Markets for Italy. His last role at the French bank was CEO of Societe Generale Securities Services.

Roberto Pecora commented on the appointment: "I am delighted to join Euronext Clearing at a turning point in its European expansion. I look forward to supporting Euronext Growth for Impact 2024 strategy within Euronext's Post Trade Leadership Team to further enhance the strong relationship with the Italian ecosystem and create a European leader in clearing services."

Anthony Attia, Global Head of Primary Markets & Post Trade of Euronext, said: "I'm happy to welcome Roberto Pecora as CEO and General Manager of Euronext Clearing. As Euronext Clearing expansion is progressing according to plan, by 2024 we will offer a unique post trade platform in the European landscape. Across all Euronext venues, market participants will benefit from a simplified and common trading and clearing setup, leveraging Euronext Securities to effectively use the full potential T2S with an efficient cross border settlement flow."

Anthony added: "On behalf of the board of Euronext Clearing and of our Chairman, Renato Tarantola, I would like to thank Marco Polito for his significant contribution to the development of CC&G and for his commitment to the Euronext Clearing ambition since the beginning of the migration project. Together with Roberto, we will continue focusing on delivering the best services to our clients and to grow the Euronext clearing business in Italy and all over Europe."

Roberto is the latest member joining Euronext's leadership team. Last week, Stéphane Boujnah​ had been reappointed as CEO and Chairman of the Managing Board at the company for a four-year mandate.

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