The Board of Directors of VP Securities A/S has appointed Maria Hjorth as Deputy CEO

EU initiatives related to T2S (TARGET2-Securities) - a single pan-European platform for securities settlement and the European Central Securities Depository Regulation (CSD-R) create new opportunities for VP Securities.

VP Securities received CSD-R license on 3 January 2018 as the second CSD in Europe and with the migration of Danish Kroner to T2S on 29 October 2018 the first non-EUR currency can be settled on the platform.

VP Securities now has a strong position in the European CSD landscape and seeks to take advantage of the new market conditions by increasing the commercial focus.

To increase the commercial capabilities the Board of Directors of VP Securities has appointed Maria Hjorth as Deputy CEO. Maria comes from a role as CEO of Mercer Denmark.

“With the appointment of Maria Hjorth, we will take the development of VP Securities to the next level and have a strong team that will drive the commercial opportunities going forward” says Peter Lybecker, Chairman of the Board.

Prior to joining Mercer Maria Hjorth worked 8 years at Danske Bank where she held a number of positions among others Head of International Corporate Banking and Head of Business Banking Business Development Denmark. Maria has also worked with Mergers and Acquisitions at the Scandinavian Investment Bank, Carnegie.

Maria holds a MSc and BSc in Economics from University of Copenhagen and a MSc in Business Psychology from University of Westminster in London.

The new leadership team at VP Securities will consist of CEO Niels Olsen and Deputy CEO Maria Hjorth. Maria will start in the new position on 1 February 2019