29 November 2011

We are happy to welcome Kristian Kjeldsen as a new member of the T2S Programme Board. He was appointed as an alternate by the Governing Council of the ECB on 22 September 2011. In joining the T2S Programme Board, he takes over a seat which has been unfilled since the departure of Ms Glaser. The T2S Programme Board is thus back to its full composition of eight members and five alternates.

Kristian Kjeldsen holds a PhD in Finance and is Head of Payment Systems at Danmarks Nationalbank. He has been member of the Payments and Securities Settlement Committee and is the responsible senior officer for Denmark in the oversight of CLS. He has been working for Danmarks Nationalbank since 1997 and has held positions in several different departments. Before becoming Head of Payment Systems, he was deputy head of the IT department. He has worked for the IMF within the technical assistance programme for Zimbabwe on payment and settlement issues. Before joining Danmarks Nationalbank, he worked for the European Investment Bank, the long-term financing institution of the European Union.

The T2S Programme Board

The T2S Programme Board is the body in charge of the day-to-day management of the T2S project, acting under the mandate of the Governing Council of the ECB. Its objective is to ensure that the T2S programme is developed in accordance with market expectations, as reflected in the User Requirements Document, and implemented on schedule and within the budget set by the Governing Council of the ECB.