Euronext taps ex-CME Group Claudia Kerr as Head of Business Management, Global Markets

Rick Steves

Claudia Kerr has experienced many changes ever since joining ClientKnowledge, which was acquired by ICAP, which was rebranded to NEX Group, which was acquired by CME Group.

Euronext has appointed Claudia Kerr as Head of Business Management, Global Markets, based in London, where she will be supporting the Euronext London CEO & Head of Global Sales.

Holding over 10 years’ experience in Business and Operations management within Financial Services, Ms. Kerr has focused on business strategy and regulatory management by leading project programs and delivering against complex mandates.

She has implemented business operating and governance models for both new and existing products/services, developed and implemented go-to-market plans, and successfully launched new products & services within targeted market segments, as well as managed teams of up to 20 direct staff, outside contractors, and led senior internal matrixed staff to deliver business goals.

This hands-on experience is the result of nearly ten years as Business Manager, Director (and head of business operations, EBS eCommerce) in a firm that changed brands and ownership plenty in the last few years: from ICAP to NEX Group and then to CME Group.

Prior to that, Ms. Kerr worked as Operations Manager at ClientKnowledge, a business that was acquired by ICAP in 2012. While Claudia Kerr’s resume shows she worked at five different companies, the only change that is an actual executive move is this month’s to Euronext.

Euronext has recently made a high-profile announcement as Piero Novelli joined the exchange operator in February ahead of the acquisition of Borsa Italiana from LSEG.

The experience and skills he developed from top roles at UBS Investment Bank make him a perfect choice for Euronext as the venue aims to close a 4.3 billion euro acquisition of Borsa Italiana this year.

The proposed combination of Borsa Italiana and Euronext is set to create a leading player in continental European capital markets. This transformational project would position the newly formed group to deliver the ambition of further building the backbone of the Capital Markets Union in Europe, while at the same time supporting local economies.

Italy, through Borsa Italiana, would become the largest revenue contributor to the enlarged Euronext group. As a new major country in the Euronext federal model, Italy would be represented at group level of Euronext governance by Italian representatives, in the Reference Shareholders, the Supervisory Board, the Managing Board and the College of Regulators supervising Euronext group’s activities.

The firm has had better-than-expected annual revenue due to growing income from listings, trading, and clearing activities after a few recent acquisitions.

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