Collateral management: A waiting game

Managing Director, is a board member of Euroclear France, Euroclear Belgium and Euroclear Netherland. He is also a member of the Risk and Audit Committee for those companies and a member of the Executive Committee of Euroclear UK and Ireland. Previously, Mr Laurensy headed a team of product managers responsible for managing and developing Euroclear’s range of products and services. Mr Laurensy’s responsibilities included research, pricing and service quality across products. Mr Laurensy was head of the Custody and New Issues Operations departments at Euroclear Bank from 1997 to 2000, with responsibility for managing Euroclear’s operational activities in those domains. From 1994 to 1997, Mr Laurensy was Senior Relationship Manager for investment banks within Euroclear’s Commercial division. Before this, he was Network Manager for Asia, Central Europe and North America from 1992 to 1994 and Relationship Manager for France from 1991 to 1992. Mr Laurensy joined Euroclear in 1987, holding various positions in operations until 1991. Mr Laurensy holds a bachelor’s degree in applied economics from the University of Liège, Belgium (1984) and a master’s degree in accountancy and finance from the International Institute of Commerce and the European University, San Francisco, USA (1986).