Euroclear Names Usman Ahmad as Head of Digital Assets | LeapRate

Euroclear has appointed Usman Ahmad as Head of Digital Assets, a newly created role that takes effect immediately, the Brussels-based post-trade services provider announced on July 15, 2026.

In his new position, Ahmad will lead Euroclear’s digital assets strategy, with the aim of reinforcing the group’s standing as both an innovator and a reliable market infrastructure provider in a sector that continues to expand.

Ahmad joins Euroclear from Zodia Markets, where he served as co-founding Chief Executive Officer and built out the institutional digital asset brokerage. Before that, he held a key role in the growth of OSL, one of the first regulated digital asset market participants globally. Earlier in his career, Ahmad spent more than 17 years in senior capital markets technology leadership positions at HSBC and Merrill Lynch, gaining experience across all major asset classes, functions and geographies.

Sebastien Danloy, Chief Business Officer at Euroclear, welcomed the appointment, noting that Ahmad’s background spanning traditional finance and digital assets would prove valuable as the company advances its digital capabilities and supports clients navigating a fast-changing market.

Ahmad said he was joining Euroclear at a pivotal moment and looks forward to working with colleagues, clients and market participants to build solutions that create lasting value.

The appointment comes as Euroclear continues to pursue opportunities in digital issuance, tokenisation and new settlement models, building on efforts such as digitising the Eurobond issuance process and its partnership with Banque de France on the NEU CP project.

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