Luxembourg headquartered fund data management, regulatory reporting and distribution support company Kneip has a new board chairman. Philippe Seyll, the current CEO of Clearstream Banking, is taking over as head of Kneip's board of directors from Hugues Delcourt.

Delcourt, who replaced the company’s founder Bob Kneip in January 2020 after the latter decided he wanted to focus on his passions of art and philanthropy, was a former CEO of Banque Internationale à Luxembourg (BIL) and oversaw its sale to the Chinese group Legend Holdings in 2018.

At Kneip,  Delcourt together with CEO Enrique Sacau, played a significant role in the negotiations that led to the sale of the company to Deutsche Börse, which was finalised last March.

This story was first published in French on Paperjam. It has been translated and edited for Delano.