Michael Carty has stepped down from his role as CEO of Euroclear UK & International, a role he began in 2020.
Chris Elms, currently deputy CEO of Euroclear UK & Ireland, will become the company’s interim CEO from 5 August.
Carty has been appointed as CEO of LME Clear, the clearinghouse for the London Metal Exchange. He will begin the role in October.
Carty has served at Euroclear for more than 16 years. He has held several leadership positions, including CEO of Euroclear Sweden, where he led the team in obtaining its CSDR licence.
The company has credited Carty with “developing a compelling vision and strategy designed to transform Euroclear UK & International into a resilient, modern, digital UK financial market infrastructure”.
An internal and external search has been launched to appoint a permanent successor to the role of CEO.
