Paul McDonough has joined State Street as a managing director in the asset owner sales division. He joins from Northern Trust, where he spent 13 years in the corporate & institutional services group as a new business development officer within the asset servicing division.
Category: State Street
BNY Mellon hires Laura Steinbach as head of Americas IM sales
BNY Mellon has hired Laura Steinbach from State Street as head of investment managers sales in the Americas for its asset servicing business, based in New York. She reports to Jane Mancini, global co-head of asset servicing sales. At State Street, she was responsible for business development with global investment managers.
State Street hires Nils Hoffmann as EMEA client executive
Nils Hoffmann has joined State Street as a client executive for Europe, Middle East and Africa. Based in Frankfurt, he will report jointly to Silvio Angius, a leader of the global clients division, and Stefan Gmuer, chief executive officer for State Street International. In this role, he will be responsible for the strategic direction and…
State Street reshuffles Alpha senior management team
State Street has reshuffled its leadership team for State Street Alpha, its open, front-to-back investment servicing platform for institutional and wealth management firms. State Street Alpha provides an outsourced platform across front office solutions, analytics, liquidity, data management, and outsourced middle and back office services. Spiros Giannaros has been named chief executive officer of Charles…
State Street expands relationship with Protective Life
State Street has expanded its servicing agreement with Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc., and will now provide the insurer with outsourced accounting services for a significant portion of its separate account life and annuity business. Protective provides financial services through the production, distribution and administration of insurance…
State Street hires James Day as global head of prod dev for sec finance
State Street has appointed James Day as global head of product development for securities finance. Based in London, he will be responsible for delivering new products, managing regulatory change and providing business solutions. He will report to Martin Tell, global head of securities finance. He was most recently head of securities finance in EMEA at…
State Street to support new active ETFs for Natixis
State Street has been appointed to provide a range of ETF servicing solutions for three active ETFs for Natixis Investment Managers. Natixis is leveraging the NYSE Proxy semi-transparent model. State Street will provide basket creation, NAV dissemination, settlement, custody, financial reporting, fund accounting, order-taking, performance and investment analytics, and transfer agency services. Nick Elward, head…
State Street makes board appointments in Saudi Arabia
State Street Saudi Arabia Financial Solutions, a subsidiary of State Street, has appointed Haifa Al Khaifi as chairperson of the board, and Rasha Saleh to the board of directors. Al Khaifi serves as the chief financial officer of Oman’s leading oil and gas exploration and production company, Petroleum Development Oman (PDO). Saleh was most recently…
State Street bolsters Asia Pacific senior management team
State Street has appointed Mostapha Tahiri as head of Asia Pacific, and Joanne Chen as head of China. Tahiri, who is based in Singapore, will report jointly to Andrew Erickson, chief productivity officer and chief executive officer for State Street’s international business, and Francisco Aristeguieta, chief executive officer of State Street Institutional Services. Tahiri succeeds…
Vanguard consolidates MM funds on Charles River IMS
A major coup for Charles River Development, which is owned by State Street, where Vanguard has consolidated management of its taxable money market funds on the cloud-based Charles River Investment Management Solution. Vanguard is already live on the platform, using Charles River IMS across the investment process, from pre-trade to post-trade and compliance. Paul Malloy,…