About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Euroclear Bank to Open Dubai Office

Subscribe to our newsletter

Euroclear Bank, the international central securities depository (ICSD), will open a representative office in Dubai, further strengthening its long-standing commitment to Middle Eastern clients. The office ­ located in the Dubai International Financial Centre

(DIFC) ­ will have space for 10 employees and will be headed by Bernard Ferran, Director and Regional Head. He takes up his new role on 15 June 2011.

Bernard Ferran has over 10 years of Commercial Division experience with Euroclear, a great deal of which has been focused on developing client relationships and business growth opportunities. On the ground in Dubai, Mr. Ferran will further expand existing relationships and forge new ones with Middle Eastern and African financial entities, and with those looking to develop Islamic financial instruments, such as Sukuks.

Four years ago, Euroclear Bank became the first foreign depository to offer cross-border settlement and related services for transactions involving debt and equities listed on NASDAQ Dubai.

Yves Poullet, Chief Executive Officer of Euroclear Bank, stated: “Opening a Euroclear Bank office in Dubai is a natural progression of our growing involvement in the Middle East. This region enjoys a vibrant market economy and the DIFC is rapidly becoming a very important financial hub. Our presence in Dubai completes the picture of having a Euroclear Bank office in all of the major financial centres around the world, as well as full global time-zone coverage to service clients.”

Mr. Poullet continued: “Bernard¹s wealth of experience, business knowledge and local market expertise will contribute strongly in strengthening Euroclear Bank¹s commitment to our customers in the region. He and his team will reinforce the quality service and attention clients have come to expect from Euroclear Bank.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Shareholding Disclosure: Are Financial Firms on top of this regulatory challenge?

With MiFID 2, Basel, 871(m) and other more talked about regulations making headlines firms have their hands full. However, as regulators begin to focus on systemic risk the accuracy of disclosures is gaining greater attention. Listen to this webinar for a discussion on the following shareholding disclosure topics: What the shareholder disclosure requirements are, and...

BLOG

Trading Up: Helping Our Youngsters Get What We Do

By Andrew Delaney, President, A-Team Group. We hear it time and time again – at our conferences, on our roundtables and from our advisory boards: our beloved financial data and technology industry is suffering from an acute skills shortage. Flip to the other side of the coin, and employers and parents alike fret about the...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...