The pan-European exchange, Euronext, announced yesterday the appointment of Georges Lauchard as Chief Operating Office. Lauchard will also become a member of the Managing Board of Euronext N.V., after all relevant corporate and regulatory approvals.
Georges Lauchard has an international career in capital markets. His appointment will put him in a position to oversee Euronext operational strategy, policies, and execution. Lauchard will support Euronext in the company’s aspiration to become the leading market infrastructure in Europe. Lauchard’s appointment will start today from the Paris office.
Stéphane Boujnah, Euronext CEO and Chairman of the Managing Board, commented:
Stephane Boujnah, Euronext
We are excited to welcome Georges Lauchard to Euronext. As the company deploys its new three-year strategic plan ‘Let’s Grow Together 2022’, we are committed to make Euronext’s success scalable to grow further, and Georges will help the management team reinforce the execution of Euronext’s ambition. His deep knowledge of our industry, as well as his experience in managing large and complex organisations and executing transformations at scale, will be a great addition to the team.
Georges Lauchard stated:
I am delighted to join Euronext’s leadership team. Euronext has delivered significant growth over the past 4 years whilst diversifying from a pure exchange to a key infrastructure-as-a-service player for the financial industry and the real economy. I am looking forward to being part of the next phase of this journey as Euronext further accelerates its growth, and scales its technology platform whilst driving innovation with our clients.
Before his appointment at Euronext, Lauchard was COO/CFO of JP Morgan’s Corporate and Investment Bank Technology team since February 2018. He has worked at JP Morgan in London & Hong Kong for over 20 years and has held many leadership roles including Head of Global Front Office Markets supervision, COO of Global Currencies and Emerging Markets Trading as well as COO of the Asia Markets and Investor Services Sales, Merger integration project manager, Operations and Client Service manager. Previously, he worked for Paribas in New York. Lauchard holds a Master of Science degree in Management from NEOMA Business School in France and a degree in Economics from Nice University.
Euronext announced in February its double-digit growth in revenue for 2019, reaching €679.1 million, up by10.4%. The acquisition of Oslo Børs VPS last year has had significant contributions to Euronext’s revenue.
In the end of January the company appointed Øivind Amundsen as CEO of Oslo Børs VPS Holding and Oslo Børs, following the acquisition. Øivind Amundsen was with Oslo Børs since 2010.