Euronext announces departure of Luis Laginha

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Euronext announces departure of Luis Laginha

Amsterdam, Brussels, Lisbon, London and Paris – 28 January 2016– Euronext today announced that Luis Laginha, Chairman and CEO of Euronext Lisbon and Interbolsa and member of the Managing Board1 of Euronext NV, has resigned and will step down from his role as CEO.  This departure was agreed mutually based on Luis Laginha’s desire to pursue other professional interests.  He will continue to fulfil his responsibilities until the shareholders’ meetings of both entities have taken place on 22 February 2016. 

A replacement for Luis Laginha will be recruited in the coming months.  Until such time as this recruitment process is finalised, Isabel Ucha, currently member of the Board of Euronext Lisbon and Director of Local Market Development, will be appointed interim CEO of Euronext Lisbon and a member of the Euronext NV Managing Board while holding this interim position.  Rui Matos, currently Board Member of Interbolsa, will be appointed interim CEO of Interbolsa.  In addition, Hugo Rocha will be appointed to the Board of Euronext Lisbon. All these appointments are subject to prior non-objections from relevant market authorities. 

Luis Laginha, Chairman and CEO of Euronext Lisbon, said, “During the period I’ve been at Euronext, the Portuguese market has witnessed the most difficult period in forty years.  Despite this, it has been a privilege and an honour to serve the company and I am proud of all that has been achieved, both externally and internally, since my appointment as CEO.  Euronext plays a key role in financing the real economy in Portugal and several actions have been taken for this role to be substantially expanded; I would like to express my gratitude for all the support from the local community and from the Euronext and Interbolsa teams.  I wish the very best to Euronext and to the person who will replace me.”

Stéphane Boujnah, Euronext CEO and Chairman of the Managing Board, said, “We would like to thank Luis for his tireless dedication to Euronext over the past ten years in his roles as COO and latterly as CEO, and we wish him all the very best for his future projects.”

 

Notes to Editors
1 The Managing Board of Euronext is responsible for the management of Euronext’s operations and is currently made up of:
- Stéphane Boujnah, Group CEO
- Jos Dijsselhof, COO of Euronext
- Lee Hodgkinson, Head of Markets and Global Sales of Euronext and CEO of Euronext UK Markets Ltd.
- Maurice van Tilburg, CEO of Euronext Amsterdam
- Vincent van Dessel, CEO of Euronext Brussels
- Anthony Attia, CEO of Euronext Paris
- Luis Laginha de Sousa, CEO of Euronext Lisbon

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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Disclaimer
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