Euronext today announced that Roberto Pecora has been appointed by the Board of Director of Euronext Clearing as CEO and General Manager, starting from 3 rd July 2023.
Roberto will focus on the day-to-day management of the CCP, including engagement with regulators and with clearing members. As a member of Euronext’s Post Trade Leadership Team headed by Anthony Attia, he will be in the forefront of the Euronext Clearing European expansion plan. The expansion of Euronext Clearing to all Euronext markets, starting with equities from Q4 2023, will strengthen and enlarge the single, resilient, and multi-assets clearinghouse for all Euronext markets, while creating important efficiencies for clients.
Roberto joins from the Société Générale Group, where he was CEO and General Manager of SGSS SpA, the Italian bank specialised in securities services, and member of the Global Executive Committee of the SGSS division. He holds a broad international experience in financial markets, covering leading managerial positions in securities services, global markets and passive and alternative asset management.
Roberto will be based in Rome. The team of the Clearing House is based in Rome, Milan, Paris and London.
Roberto will replace Marco Polito who, following the General Assembly on 27 April 2023, has stepped down from his position as CEO of CC&G by mutual agreement, to pursue other professional projects.
Roberto Pecora said: “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. 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”.