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The European Association Of CCP Clearing Houses (EACH) Celebrates 30 Years And Elects New Board At Its 2022 AGM

Date 25/05/2022

The EACH General Assembly met on Thursday 19th May and Friday 20th May 2022 to celebrate 30 years working towards an increasingly robust ecosystem of transparent and independent risk management for the benefit of the users of capital markets, therefore promoting safer and more efficient access to financing and hedging opportunities.

 

During its Annual General Meeting of 20th May 2022, EACH elected the following Board for a two-years term until the EACH General Assembly of 2024:

Candidate

EACH Member

Position

Arnoud Siegmann 

EuroCCP – Chief Operating Officer

Member of the Board

Erica Brown 

Nasdaq Clearing - Head of International Affairs

Member of the Board

Julien Jardelot 

LCH Ltd - Head of Europe, Government Relations & Regulatory Strategy at LSEG

Co-Chair, Member of the Board

Laura Bayley 

SIX x-clear - Senior Regulatory Specialist

Member of the Board

Marcin Truchanowicz 

KDPW_CCP - Managing Director

Member of the Board

Niels Brab

Eurex Clearing - Head of Group Regulatory Strategy & Government Relations, DBAG

Co-Chair, Member of the Board

Paola Fico 

Euronext Clearing - Head of Italy Regulation

Member of the Board

Tim Grange 

ICE Clear Europe – Director of Regulatory Policy

Co-Chair, Member of the Board

Xavier Aguila 

BME Clearing – Managing Director

Member of the Board

The EACH General Assembly also elected the EACH Treasurer and Internal Auditor for a two-year mandate until the EACH General Assembly of 2024:

 

Candidate

EACH Member

Position

Ɓukasz Goliszewski 

IRGiT – Vice-President of the Management Board

Treasurer

Stefan Kowanda

ECC - Political & Regulatory Affairs Officer

Internal Auditor

Further to the EACH Board decision of 2nd March 2022 to temporarily suspend EACH Russian Member CCP NCC, the Members of the EACH General Assembly agreed the expulsion of EACH Russian Member CCP NCC from EACH Membership in line with the EACH Articles of Association.

The EACH Co-Chairs Julien Jardelot, Niels Brab and Tim Grange said: ‘During its 30 years of existence, EACH has promoted independent and resilient risk management with the aim of fostering efficient access to financing and hedging opportunities for the users of capital markets. CCPs have robustly performed during unprecedented periods of market stress, such as the global financial crisis, the Covid-19 market stress and the Russian invasion of Ukraine. We are committed to continue leading the work of this association to provide increasingly safer and more efficient capital markets.’.

The EACH Secretary General Rafael Plata said: ‘It is a pleasure to see the CCP Clearing ecosystem thrive more than ever, with an increasing number of sell-side and buy-side participants benefiting from CCP services, a growing number of academics and journalists covering CCP clearing subjects and a robust set of global and regional regulatory standards agreed by public authorities. I look forward to further engaging with the clearing ecosystem to make it grow even more.’.

For more information, please visit the EACH website www.eachccp.eu