Euronext today confirms that Piero Novelli has been nominated by the Supervisory Board as an independent member of the Supervisory Board, to become the next Chairman of Euronext N.V. Mr. Novelli will step down from all executive positions before becoming Chairman. The appointment of Mr. Novelli remains subject to the approval of the relevant regulatory authorities and of Euronext shareholders.
The convening notice for the General Meeting of Euronext shareholders will be sent in due course.
https://twitter.com/euronext/status/1361213852239732737
Biography of Mr. Piero Novelli
Piero Novelli has been Co-President of the Investment Bank of UBS and a member of UBS Group Executive Board since October 2018. He was appointed Co-Executive Chairman of Global Investment Banking in 2017 and in 2016 became sole Global Head of Mergers and Acquisitions (M&A). Mr. Novelli was a member of the UBS Deutschland AG Supervisory Board from 2013 to 2016. Mr. Novelli rejoined UBS in 2013 as Chairman of Global M&A and Group Managing Director. From 2011 to 2012, he was Global Co-Head of M&A at Nomura, having worked as Global Head of M&A at UBS between 2004 and 2009. Before that he worked for Merrill Lynch and held the position of Head of European M&A and Head of European Industrials. Over the course of his 27 year career in investment banking, Mr. Novelli has advised corporate boards on many large and complex M&A transactions across all sectors and geographic areas. In particular, Mr. Novelli has advised the largest Italian corporates on many cross border strategic transactions. He is a lecturer at Imperial College London, the MIT Sloan School of Management and LUISS University in Rome. Mr. Novelli was active in supporting the Italian health care system during the peak of the COVID-19 crisis. Mr. Novelli holds a master’s degree in management from the MIT Sloan School of Management and a master’s degree in mechanical engineering from Università degli Studi di Roma La Sapienza.
Euronext Norwegian Derivatives Extend To Green Stocks
In December 2020, the Oslo Børs Derivatives market successfully migrated onto the Euronext Optiq® platform, further supporting the growth of Oslo Børs thanks to an enlarged pool of liquidity and investors, and a flexible and agile trading technology.
“Following this milestone, the Norwegian contracts are benefiting from increased interest from the Euronext member base. Multiple Euronext clients have already extended their membership to the Oslo market, and others will follow over the next weeks and months. As more members connect with the local market liquidity, we expect to see improvements in liquidity and volumes on the OBX Index Future, OBX Index Options and the Individual Equity Options contracts already listed,” says Øivind Amundsen, President and CEO of Oslo Børs.
“NEL, Tomra and Scatec have been at the centre of investors' attention, as they have been part of a green wave of sustainable investing on Oslo Børs in 2020,” explains Amundsen.
Options and futures on these three stocks, in addition to the sports retailer XXL ASA are available from today.
Options and futures will be listed on the green companies Tomra, NEL og Scatec.
Source: Euronext
