LuxCSD S.A. appoints new Chief Executive Officer
LuxCSD S.A., the Luxembourg central securities depository, jointly owned by Clearstream and Banque centrale du Luxembourg, has appointed a new Chief Executive Officer (CEO). Effective 10 May 2021, Clearstream’s Marco Caligaris took over the position from Patrick Georg. The Executive Committee of LuxCSD is completed by Carolyn Linnevers as Company Secretary.
Marco Caligaris also succeeded Patrick Georg in his role on the company’s Board of Directors. In addition, Philippe Mueller has replaced Philippe Seyll as Chairperson of the Board of Directors.
The Board of Directors of LuxCSD is now composed as follows:
- Philippe Mueller (Chairperson)
- Denise Voss (Vice Chairperson)
- Marco Caligaris
- Jean Guill
- Berthold Kracke
LuxCSD is governed by a Board of Directors, which has delegated the daily management of the company to the CEO and Executive Committee.
LuxCSD is jointly owned by the Central Bank of Luxembourg (Banque centrale du Luxembourg) and Clearstream, Deutsche Börse Group’s post-trading services provider. As central securities depository (CSD), it serves as a national access point to TARGET2-Securities (T2S), allowing seamless interoperability across T2S markets. LuxCSD provides custodians and distributors across Europe with issuance, central bank money (CeBM) settlement and asset servicing for debt, money market and equity instruments, as well as investment funds. LuxCSD also provides Legal Entity Identifier (LEI) services in 37 jurisdictions around the world as a Local Operating Unit (LOU) accredited by the Global Legal Entity Identifier Foundation (GLEIF). www.luxcsd.com