The chief executive of Euronext's business in Lisbon has resigned after being asked by the Portuguese government to take up a position on the management board of state-owned lender Caixa Geral de Depósitos.

Announcing Maria João Carioca's departure in a December 13 statement, the European exchange operator said it would continue to invest in Portugal. Euronext said that the expansion of its information technology centre in Porto should translate into a headcount of 120 people by the end of 2016.