Euronext Confirms Departure of Maria João Carioca Who Heads to CDG

Euronext, the eurozone’s largest Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, has confirmed today that Maria João Carioca, CEO of Euronext Lisbon and member of the Managing Board of Euronext, has resigned after being asked by the Government of Portugal to join the Management Board of Caixa Geral de Depósitos (CGD).

Maria João has accepted the offer, pending all regulatory approvals by the relevant authorities. Euronext has commenced the transition process, adopting all the necessary measures to ensure everything takes place in a smooth and orderly fashion. The transition will take place in the first quarter of 2017.

Maria João Carioca has been the CEO of Euronext Lisbon since the beginning of June this year, when she replaced the previous incumbent, Luís Laginha de Sousa. She will now return now to CDG, where she has been an executive board member since July 2013. Prior to joining CDG, Maria João was a member of the executive committee of SIBS Pagamento.

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Stéphane Boujnah, Chairman and CEO of the Managing Board of Euronext, commented: “We are very proud that Maria João has been selected to serve her country in this new role. Meanwhile, Euronext is committed to continuing to invest in Portugal where it is expanding its IT Centre in Porto which should amount to 120 people by the end of the year. We will work together with Maria João to ensure a seamless transition during the first quarter of 2017, until her successor arrives”.