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EBA Clearing announces the hiring of Michele Olin as Chairperson

By Joy Dumasia

July 05, 2021

  • EBA
  • Europe
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Michele Olin, EBA Clearing Chairperson

EBA Clearing announced that Michele Olin was recently appointed as EBA Clearing Chairperson.

EBA Clearing Shareholders also elected five other members to the leading private-industry provider of pan-European payment systems.

Michele Olin (Allied Irish Banks) was appointed as EBA Clearing Chairperson by the Company’s Shareholders on 25 June 2021 for a three-year term of office. Michele had been Interim Chairperson of the EBA Clearing Board since 8 March 2021, after her predecessor, Petia Niederländer, had moved on to new responsibilities at the end of January 2021.

In addition, five other Board positions were up for election. The Shareholders re-appointed Kirstine Nilsson Edström of Swedbank, Raouf Soussi Laghmich of BBVA and Luis Pedro Simões of Novo Banco. Tanja Konrad of Erste Group Bank and Sergio Dalla Riva of Intesa Sanpaolo were elected as new Board members. Sergio Dalla Riva succeeds Daniela Dell’Arciprete, also of Intesa Sanpaolo. All five Board members were appointed for a three-year term.

EBA Clearing is a provider of pan-European payment infrastructure solutions. Founded in 1998, the Company is owned by 48 of the central banks operating in Europe and based on a country-neutral governance model. The payment systems of EBA Clearing are pan-European by design and desire: they are developed in close co-operation with the Company’s global user community and best-of-breed technology partners.

Recently, IBS Intelligence reported that European payments company SIA today announced that it would be enabling banks, corporates, public administration bodies and FinTechs for the new service “Request to Pay” (R2P) on EBA Clearing’s technology infrastructure, compliant with the European Payments Council (EPC) scheme.

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