New Chief Executives at Euroclear Finland

The board of Euroclear Finland Ltd has appointed Anso Thiré as chief executive officer and Hanna Vainio as deputy chief executive of the Finnish central securities depository (CSD), Euroclear Finland. The appointments are effective immediately. The necessary approvals have been obtained from the Financial Supervisory Authority (FIN-FSA) of Finland.

Anso Thiré will also serve as chairman of the Executive Management Group of Euroclear Finland, while continuing in his role as chief executive officer of Euroclear Sweden, a position he assumed in November 2008 upon Euroclear’s acquisition of the Finnish and Swedish CSDs. He was also responsible for the integration of Euroclear Finland and Euroclear Sweden into the Euroclear group. Thiré replaces Seppo Rantanen, who stepped down from the role as chief executive officer of Euroclear Finland in January 2011. Previously, Thiré was managing director and head of the Global Capital Markets division at Euroclear in Brussels. He joined the company in 1985 and has held senior positions in finance, commercial, strategy and public affairs over the years.

Hanna Vainio, currently head of product management for Euroclear Finland and Euroclear Sweden, is a member of the Executive Management Group of the two CSDs. Vainio replaces Jouni Leinonen as deputy chief executive officer of Euroclear Finland, who will retain a key role at Euroclear Finland in leading discussions with regulators on critical legal and public affairs issues. Before joining Euroclear Finland in 2006, Vainio was vice president at Nordea Bank Finland and head of corporate actions for several years. Vainio has been an active member of various industry working groups specialising in corporate actions, including as chairwoman of the Finnish Corporate Actions Market Practice Group.

Frédéric Hannequart, chairman of Euroclear Finland, said: “Our new senior management team at Euroclear Finland have the vision and commitment to provide a post-trade infrastructure in Finland that will best serve our institutional and retail client needs. Changes and potential changes in the Finnish capital market require a strong management team that can deliver real and beneficial advantages for our Finnish clients, both domestically and internationally, now and in the future.”