Wim Hautekiet will become chief executive officer of the European banking entity of the Bank of New York Mellon, succeeding Paul Bodart who is leaving after 17 years.
Bodart will take up a new role working for the European Central Bank as a member of the programme board of the Target 2 Securities (T2S) Project.
T2S aims to improve the European post-trading industry by providing a single pan-European platform for securities settlement in central bank money.
Hautekiet currently acts as deputy general counsel across the Europe, Middle East and Africa region.
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