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Home News Sources Leaprate

Euronext finalizes VP Securities acquisition

[item_description],

Maria Hjorth, new CEO of VP Securities, said:

VP Securities is entering into a new phase of its development, as a Euronext company. It is now part of a larger, international group, with a clear strategy: build the leading pan-European market infrastructure.

Since I joined VP, I have led and developed our company strategy as a standalone business. I am delighted to now become CEO of the company to lead the next step of its transformation as part of a larger group.  I want to thank Niels Olsen for seven dedicated years as CEO and I wish him all the best in this new phase of his life.

Niels Olsen, former CEO of VP Securities, commented:

After 30 years in management positions in the financial industry, I have now decided to resign from my position as CEO of VP Securities to look into a more flexible work life. As I hand over to Maria Hjorth, I am pleased to witness VP Securities entering a new stage of its development as it becomes part of the Euronext Group, and I wish VP Securities and Euronext all the best for the future.

Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said:

Stéphane Boujnah

Post-trade activities are at the heart of Euronext’s growth strategy, and will be an even larger contributor to our revenue following the acquisition of VP Securities. Alongside Euronext VPS and Interbolsa, we will strengthen our positioning in this field, and continue to expand our footprint in the Nordic region with new and improved services to the benefit of the Danish economy and European capital markets. I would like to thank Niels Olsen for his achievements and success as CEO and welcome Maria Hjorth as the new CEO of VP Securities. I have full confidence that, under her leadership, VP Securities will continue its successful development within the pan-European framework of the Euronext Group.

The post Euronext finalizes VP Securities acquisition appeared first on LeapRate.

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