European equities clearing house EuroCCP sees its CEO Cécile Nagel say goodbye after four years at its helm. She takes the role as the head of EMEA for BNY Mellon-owned service and solutions provider Pershing.
Pershing’s press release on Wednesday greets Cécile Nagel as “a highly experienced business leader, with deep expertise in technology, [with] a proven track record in driving growth and transformation in regulated industries”.
“She consolidated EuroCCP’s position as a leading pan-European cash equities central counterparty, providing clearing services to 47 trading venues across Europe. She led the launch of its clearing equity derivatives service and oversaw the EuroCCP’s acquisition by Cboe Global Markets in July 2020,” it continues.
Cécile Nagel will hold the CEO title for Pershing Limited, the business across Europe, the Middle East and Africa.
Upon Chicago-based exchange group Cboe’s takeover of EuroCCP, news site The Trade observed in April 2021 that the clearinghouse reshuffled its management, though with Cécile Nagel staying in charge.