Euroclear Sweden has appointed Hanna Vainio as its new Chief Executive Officer, the company announced. Vainio, who has been CEO of Euroclear Finland since 2015, will now lead both the Swedish and Finnish Central Securities Depositories (CSDs). The leadership transition is effective immediately, pending approval by relevant authorities.
The change marks the departure of Roger Storm, who steps down as CEO of Euroclear Sweden after four years in the role. The Board of Directors emphasised the importance of continuity in leadership, highlighting Vainio’s extensive experience as a key asset in maintaining Euroclear Sweden’s ongoing technological transformation and fostering closer collaboration between the Nordic CSDs.
With nearly two decades at Euroclear, Vainio brings a wealth of expertise to the dual role. Since joining the company in 2006, she has held several senior positions and has been instrumental in driving modernisation at Euroclear Finland. Her tenure has included a full-scale business and IT transformation, culminating in the successful migration of Euroclear Finland to the European Central Bank’s TARGET2-Securities (T2S) settlement platform in 2023.
Swedish and Finnish markets
Commenting on the appointment, Bernard Frenay, managing director for European Markets at Euroclear, expressed confidence in Vainio’s ability to lead both CSDs: “Hanna Vainio’s deep understanding of the Swedish and Finnish markets, combined with her proven track record within the Euroclear Group, will support the development of an open and digital market infrastructure for both domestic and international participants. I would also like to extend my gratitude to Roger Storm for his leadership and contributions during his tenure.”