Euroclear appoints MD for new division

Euroclear has appointed Jan Colaes as managing director to head its newly created Project Delivery Services (PDS) division. Colaes was previously director of global projects at brewer InBev.

In the new role, he will be responsible for all generic IT services and also be a member of the Euroclear group management team. Colaes will be based in Brussels reporting to Wim Claeys, executive director.

Euroclear hopes the creation of the PDS division will help the firm meet the IT needs of its clients

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