Karim Ben Rais will join Euroclear as managing director and head of Euroclear's Single Platform Modules division, one of four IT Project Delivery divisions within the Euroclear group. He will also become a member of the Euroclear Group Management Team.

Prior to joining Euroclear, Karim Ben Rais worked internationally as an independent consultant. Until the end of 2007, he was managing partner of Accenture Insurance Services, where he was responsible for all technical and operational services for the Accenture unit and more than 2,000 staff located in on- and off-shore locations. He joined Accenture (then Andersen Consulting) in 1987.

At Euroclear, Ben Rais will be responsible for Euroclear's Single Platform Modules division. Anne Swaelus, managing director, will continue to head up the Single Platform Custody & Common Communication Interface Programmes division, as will Jan Colaes, managing director, who heads up Euroclear's Application Services & Project Delivery division and managing director Michael Shipton, leading Euroclear's Project Delivery Services and Corporate Technology divisions.