Euroclear looks for replacement as general counsel quits to return to the US

Euroclear's group general counsel Kristen Geyer is leaving the European securities clearing house and returning to the US for family reasons.

Geyer has been at Euroclear, a settlement system for domestic and international securities transactions, for eight years and will be leaving on 31 December. During her time at the organisation she has grown three legal teams in Amsterdam, London and Paris. The group is looking for a replacement.

Geyer told The Lawyer: "In the past five years, we've dealt with the merger and consequent restructuring, a changing business model, regulatory changes and an evolving market. We've attempted to consolidate the industry and looked at ways to cover barriers in cross border settlements and to develop greater legal certainty and asset protection in this industry."

Geyer began her career at Cravath Swaine & Moore in New York, where she spent two years. She then went to Cadwalader Wickersham & Taft for three years in Washington DC before going in-house to the Securities and Exchange Commission (SEC), which included a secondment to the Securities Investment Board in the UK. She left the SEC to join Euroclear in 1998.