Stephan Pouyat


STEPHAN POUYAT French national US Green card holder 33 Cannon Street, UK - London EC4M 5SB Telephone: (32) 2-343-3353, Cell: (32) 478-950-100 E-Mail: [email protected] HIGHLIGHTS Seeking MD responsibilities of a large back-office financial institution worldwide, or CEO, COO position for a middle tier player Core skills and experience include: - Harvard Business School alumni - Director with 14 years of international expertise acquired in financial institutions (Buy-side) - Expert in International clearing and settlement, central securities depositories, retail and institutional asset management, fund administration, payment systems, and eCommerce - Drive: New business creation and development - Lobbying: Financial regulators, competition laws and public affairs matters - Delivering: change management, transaction processing, large-scale business transformations Major accomplishments: - Managing 1,4 trillion EUR depot (i.e. 10% of Euroclear Bank total depot) across 35 countries - Inventor of a US patent-pending web-based B2B cash management and payment system (No. 00739) - Creating my own company and generated a $14 billion assets growth contribution to one of my client, Federated Investors - Led a major Corporate Restructuring program for Euroclear Group (involving the transfer of 1600 employees) PROFESSIONAL EXPERIENCE EUROCLEAR GROUP Brussels, Belgium, 02- Present World's largest provider of domestic and cross-border settlement and related services for bond, equity and fund transactions. Market-owned and market-governed, Euroclear group includes Euroclear Bank and central securities depositories (CSDs) of France, Belgium, Netherlands, UK and Ireland. Total value of securities transactions settled by Euroclear is in excess of EUR 350 trillion p.a., while assets held for clients are valued at more than EUR 15 trillion. Euroclear Bank is rated AA+ by Standard & Poor s and Fitch Ratings. Euroclear NI in 2004 was 900 million EUROCLEAR BANK (wholly-owned subsidiary of Euroclear Group) Brussels, Belgium, 07-present Director Operational Division, International Markets Buy-side, in charge of Network Management for Equities and Fix Income covering Europe, Asia, Middle East and Africa (35 market links) P&L responsibility: Manage 10% of Euroclear total depot (i.e. 1,4 trillion EUR) and 2.3 MM instructions/year for a total of 30 MM EUR/year fees Hands-on line management responsibility with objective to increase number of market links to 40 and depot to 2+ trillion EUR in 2 years whilst achieving 25% pricing reduction Ensure no disruption of services during roll-out of Euroclear Strategic Programmes Responsibly also encompasses senior relationship management of Central Banks, Ministry of Finance, local regulators (FSA) and major financial market infrastructure players (e.g. local stock exchanges, central counterparts, central securities depository) DUAL-COUNTRY MANAGEMENT RESPONSIBILITY Director - Chief of Staff, UK CEO Office UK, London, 05- 06 Director Head of Strategic Programmes, NL CEO Office NL, Amsterdam, 2006 Managed business transformations, change management and strategic programmes for both CRESTCo and ENL, reporting directly to CRESTCo Deputy CEO and later to ENL CEO. Ensured that both CRESTCo and ENL were equipped and ready to fulfil their obligations and role in the context of Euroclear Business Model (e.g. role as primary CSD for UK and Dutch securities) whilst at the same time improving the quality of services delivered to each market Mission was to plan and manage clients acceptance of change programmes, operational readiness and the winning of national regulatory authorities confidence. New business model involved 9 major change programmes that re-engineered the way each market operates: including Data Centres System Consolidation (DCS), Single Settlement Engine (SSE), ESES (Euroclear Settlement for Euronext-zone Securities), Single Platform (SP), Common Client Interface (CCI), Business Model Harmonization (BMH), Operational Risk Management, Business Continuity and Operating Model Acted as Local Business Sponsor for strategic programmes reporting to Group Management Committee and local Boards. DCS and SSE were successfully launched in 2006 in the UK and in January 2007 in the Netherlands. This has been the first tangible business transformations which demonstrated that Euroclear Group was capable of delivering complex programmes across several countries Ran Program Office of each country which covered operational, client and regulator readiness and acted as representative of Local Management, at several Euroclear Group decision making bodies: Prioritization Committee, Operating Model Steering Committee, Operations Task Force Committee Managed relationship with FSA (Financial Services Authority) and College of Regulators (involving Belgium, French, Dutch, Irish and UK regulators) in respect of the Euroclear Business Model. Successfully won FSAs confidence for the change programmes without jeopardizing current status as Recognised Clearing House (RCH), Operator of relevant (securities settlement) systems and Central Securities Depository. The college of regulators is now operating more efficiently and FSA expresses less concern with regard to Euroclear Business Model EUROCLEAR BANK (wholly-owned subsidiary of Euroclear Group) Brussels, Belgium, 02- 04 Director - Corporate Restructuring Led corporate restructuring program for Euroclear Group. Major undertaking project with external budget of more than 20 million. Implementation in 16 months across 5 different jurisdictions, involving more than 100 senior executives. Objective was to create a new holding company with a shared services centre to deliver Euroclear business model across 5 European markets Corporate Restructuring (Cont d) Project accomplished on time and below budget. Responsibilities covered corporate structure, internal governance framework (at Boards / Management level), transfer of functions and staff, contractual framework (SLAs), financial implications (Tax, transfer pricing, cost allocation), risk assessment, impact on rating agencies and regulators, HR implications (management of work councils, employment conditions, pension plan, etc). 1600 employees were successfully transferred as a result of Corporate Restructuring on January 1st 2005, without adverse consequences. A functional organisation was put forward, strengthening the hands-on management style of the new group Director, Corporate Strategy Various management responsibilities including: Actively participating in the Corporate Strategy definition (horizontal versus vertical model) and in its implementation through the Merger & Acquisition of UK, Ireland and Dutch Central Securities Depositories during 2002 and 2003 Actively participating in the creation of the future Business Model of the group, including delivering a domestic securities settlement system for Europe (involving shareholder rebalancing, financial policy, competition laws issues, banking status, pricing review, market harmonization) Establishing first harmonized balanced scorecard of the group for the CEO, involving Management Team of the four subsidiaries Establishing Euroclear International Cooperation with World Bank and IMF (China, Dubai, Bahrain ), involving a matrix resource experts in multi-disciplinary environment Network Management activity Monitoring competition (CLS bank, Deutsch Borse, Euronext, Clearnet ), market trends (online brokers, T0, outsourcing, derivatives), regulators (FSA, AMF, BdF, ECB/CESR ) and social developments (retirement, population ageing, Europeanization) FEDERATED INVESTORS Pittsburgh, PA, USA, 99- 01 5th largest mutual funds company in the US with 2000 employees and $200 billion in assets under management in 2002. Vice President, Corporate Development Strategy: Establishing a vision to help Federated core competencies to move from brick & mortar model to click & mortar model. Re-engineered financial value chain (online statement, bill presentment, account access, 401k online) in the context of e-Commerce Business & Operation: Inventor of a patent-pending breakthrough system (No. 00739) - B2B cash management, settlement, and payment system marketed to public and private online exchange platforms, market-makers and fortune 2000 companies (financial projections: net income estimated at $50 million in 3 years). Full P&L responsibilities. Brought company to market in 12 months and led spin-off process. Grew business from 0 to 25 employees: Assembled sales & marketing, IT, operations, legal, finance, and audit professionals; developed pricing models, negotiated distribution partnerships and third-party contracts; initial major clients: Heinz, PPG, DTC, Ariba. Speaker at industry forums on e-Business Product Management: Responsible for developing new financial products for online retail and institutional asset management, including creation of private investment products distributed through online portals, corporate Intranet and Financial Networks SAIC-TECSI (US Leader in engineering with 37,000 employees) San Diego, CA, USA, & Paris, France, 96-98 Manager, Sales and Business Development Developed portfolio of 25 large clients in Europe (mostly banks and telecoms) and Launched SAIC s e-Financial consulting services in Europe focusing on financial transactions over internet: Most relevant products were SET merchant gateway and e-wallet. Oversight included relationship management and sales, business planning, pricing, P&L, marketing and media relationship REVE, Founder and CEO Pittsburgh, PA, USA, 95-96 Consulting Services Company focusing on financial back office processing Was called back by Federated Investors in 1999 due to major success of a custom-made supermarket of funds involving 125 trust departments, 150 fund companies and more than 1000 funds that supported a $14 billion surge in mutual fund assets over four years for Federated Investors ADP-GSI (Leader in outsourcing, with 40,000 associates) Pittsburgh, PA, USA & Paris, France, 94-95 18 months Business Process Re-engineering (BPR) Consultant 12 months Internal Audit Financial industry EDUCATION HARVARD BUSINESS SCHOOL PMD graduate Boston, USA, 05 Executive Program - Management Development (PMD) EURECOM INSTITUTE (E.N.S.T Paris, E.P.F.L) French Master of Engineering degree Sophia Antipolis, France, 92-94 ME in Communication Systems, 1994 - affiliated with Ecole Polytechnique (X) Palaiseau, Paris. SWISS FEDERAL INSTITUTE OF TECHNOLOGY (E.P.F.L.) Swiss ME degree Lausanne, Switzerland, 87-92 ME in Communication Systems, 1994 and BS in Micro-engineering, 1992 - affiliated with Ecole Centrale Paris and Carnegie Mellon French: native language English: fluent Spanish: basic MEMBER OF PROFESSIONAL ASSOCIATIONS & OTHERS - President of the 2005 Harvard Business School Alumni and founder of the Harvard Olympiad - Active member of French Club Senate since 2001 (French Senate is a replica of Britain s House of Lords) - Member of Cercle de Lorraine ( in 2005-2006 - Guest speaker at V.U.B (Vrije Universiteit Brussel) and at CMU (Carnegie Mellon University). - From 1999 to 2001, act as Chairman of Board of Directors of Carnegie Mellon s MBA s Management Game and coach of 5 startup companies - Swiss International RugbyTeam (83-89), French National Ski Championship (86-87) and Former Pilot

Work experience

Work experience