CLS Appoints Central Banker as CEO

Marc Bayle de Jessé brings markets infrastructure and payments experience to CLS.


Foreign exchange market infrastructure group CLS has appointed a former European Central Bank director as its new chief executive.

CLS tapped Marc Bayle de Jessé, a director general for market infrastructure and payments and chairman of the Market Infrastructure Board at the ECB, to be chief executive officer. His appointment is effective as of December this year. 


Bayle de Jessé spent 22 years at the ECB, from 1997, and has held a variety of senior positions at the central bank. As the director general for market infrastructure, he was responsible for defining and implementing market infrastructure and payment policies. He also oversaw the development of services around the challenges of digitization, globalization and cybersecurity threats on market infrastructure. Bayle de Jessé was also chairman of the European System of Central Banks Market Infrastructure and Payments committee, where helped to develop regulations and standards.

Prior to his role at the ECB, he was a senior advisor at French central securities depository Sicovam SA, which is now part of Euroclear.

Bayle de Jessé replaces David Puth, who stepped down as CEO of CLS in September 2018.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: