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State Street Expands Strategic Growth in Mexico as Part of Latin America Commitment

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State Street (NYSE: STT) has announced its strategic expansion into Mexico as part of its broader growth strategy for Latin America. The company has appointed Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean to lead this expansion. Based in Mexico City, Maria Ximena will report to Oliver Berger, executive vice president and head of Emerging Growth Markets for State Street.

This move builds on State Street's existing operations in Colombia, Chile, and Peru, reflecting its commitment to serving the region's expanding financial markets. Maria Ximena brings over 20 years of experience in securities services, having previously worked for Citibank and Santander. She has been recognized as an industry leader for her collaboration with regulators and market participants in Colombia, Chile, and Peru.

State Street (NYSE: STT) ha annunciato la sua espansione strategica in Messico come parte della sua più ampia strategia di crescita per l'America Latina. L'azienda ha nominato Maria Ximena Vasquez Barbosa come Responsabile Vendite Regionale per l'America Latina e i Caraibi per guidare questa espansione. Con sede a Città del Messico, Maria Ximena riferirà a Oliver Berger, vicepresidente esecutivo e responsabile dei Mercati Emergenti per State Street.

Questa mossa si basa sulle operazioni già esistenti di State Street in Colombia, Cile e Perù, riflettendo il suo impegno a servire i mercati finanziari in espansione della regione. Maria Ximena porta con sé oltre 20 anni di esperienza nei servizi di titoli, avendo lavorato in precedenza per Citibank e Santander. È stata riconosciuta come una leader del settore per la sua collaborazione con i regolatori e i partecipanti al mercato in Colombia, Cile e Perù.

State Street (NYSE: STT) ha anunciado su expansión estratégica en México como parte de su estrategia de crecimiento más amplia para América Latina. La compañía ha nombrado a Maria Ximena Vasquez Barbosa como Jefa de Ventas Regional para América Latina y el Caribe para liderar esta expansión. Con sede en Ciudad de México, Maria Ximena reportará a Oliver Berger, vicepresidente ejecutivo y jefe de Mercados de Crecimiento Emergentes para State Street.

Este movimiento se basa en las operaciones existentes de State Street en Colombia, Chile y Perú, reflejando su compromiso de atender los mercados financieros en expansión de la región. Maria Ximena aporta más de 20 años de experiencia en servicios de valores, habiendo trabajado previamente para Citibank y Santander. Ha sido reconocida como líder de la industria por su colaboración con reguladores y participantes del mercado en Colombia, Chile y Perú.

State Street (NYSE: STT)는 멕시코로의 전략적 확장을 발표하며 라틴 아메리카에서의 보다 폭넓은 성장 전략의 일환으로 삼고 있습니다. 회사는 이 확장을 이끌기 위해 마리아 시메나 바스케스 바르보사를 라틴 아메리카 및 카리브해 지역 영업 책임자로 임명했습니다. 멕시코시티에 본사를 두고 있는 마리아 시메나는 올리버 베르게르에게 보고하며, 그는 State Street의 신흥 성장 시장을 담당하는 수석 부사장입니다.

이 움직임은 콜롬비아, 칠레 및 페루에 이미 존재하는 State Street의 운영을 바탕으로 하며, 이 지역의 확대되는 금융 시장에 대한 헌신을 반영합니다. 마리아 시메나는 Citibank 및 Santander에서 근무한 경력이 있는 증권 서비스 분야에서의 20년 이상의 경험을 제공합니다. 그녀는 콜롬비아, 칠레 및 페루에서 규제 당국 및 시장 참여자와의 협력으로 업계 리더로 인정받았습니다.

State Street (NYSE: STT) a annoncé son expansion stratégique au Mexique dans le cadre de sa stratégie de croissance plus large pour l'Amérique Latine. L'entreprise a nommé Maria Ximena Vasquez Barbosa en tant que Responsable des Ventes Régionales pour l'Amérique Latine et les Caraïbes afin de diriger cette expansion. Basée à Mexico, Maria Ximena rendra compte à Oliver Berger, vice-président exécutif et responsable des Marchés en Croissance Émergents pour State Street.

Ce mouvement s'inscrit dans le cadre des opérations existantes de State Street en Colombie, au Chili et au Pérou, reflétant son engagement à servir les marchés financiers en expansion de la région. Maria Ximena a plus de 20 ans d'expérience dans les services de titres, ayant précédemment travaillé pour Citibank et Santander. Elle a été reconnue comme une leader de l'industrie pour sa collaboration avec les régulateurs et les participants du marché en Colombie, au Chili et au Pérou.

State Street (NYSE: STT) hat seine strategische Expansion nach Mexiko als Teil seiner umfassenderen Wachstumsstrategie für Lateinamerika angekündigt. Das Unternehmen hat Maria Ximena Vasquez Barbosa zur Regional Sales Head für Lateinamerika und die Karibik ernannt, um diese Expansion zu leiten. Mit Sitz in Mexiko-Stadt wird Maria Ximena an Oliver Berger, den Executive Vice President und Leiter der Emerging Growth Markets bei State Street, berichten.

Dieser Schritt baut auf den bestehenden Aktivitäten von State Street in Kolumbien, Chile und Peru auf und spiegelt das Engagement wider, die expandierenden Finanzmärkte der Region zu bedienen. Maria Ximena bringt über 20 Jahre Erfahrung im Wertpapierdienstleistungsbereich mit und hat zuvor bei Citibank und Santander gearbeitet. Sie wurde als Branchenführerin anerkannt, da sie mit Regulierungsbehörden und Marktteilnehmern in Kolumbien, Chile und Peru zusammengearbeitet hat.

Positive
  • Strategic expansion into Mexico, a key market in Latin America
  • Appointment of experienced leader Maria Ximena Vasquez Barbosa to head regional sales
  • Strengthening presence in Latin America's expanding financial markets
Negative
  • None.
  • Maria Ximena Vasquez Barbosa appointed as country head of State Street’s strategic expansion in Mexico; builds on the firm’s ongoing expansion in Latin America

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) announced today its continued strategic expansion into Mexico, marking a significant milestone in its broader growth strategy for Latin America. The firm has appointed Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean to lead the company’s efforts in this key market. Maria Ximena will be based in Mexico City and report to Oliver Berger, executive vice president and head of Emerging Growth Markets for State Street.

“We are excited to continue our growth in the LatAm region with this strategic expansion into Mexico,” said Berger. “This step will enable us to provide our core leading services, while strengthening our relationships with clients, partners and communities throughout Latin America. Maria Ximena is a well-positioned leader who will provide a strong start to our journey in Mexico.”

State Street’s growth in Mexico is part of its broader commitment to serve the region's expanding financial markets, with operations already established in Colombia, Chile and Peru.

“I am eager to lead our expansion efforts in Mexico and further solidify State Street’s presence in the country and the region,” said Maria Ximena. “Latin American growth has been on an upward trajectory over the past few years, and I look forward to helping to continue this momentum by working with our team to deliver services and capabilities on behalf of our clients.”

Maria Ximena brings more than 20 years of experience in securities services to her new role. Prior to joining State Street, she worked for Citibank, where she spent eleven years holding various local and regional roles in several countries throughout LatAm, and before that she worked for Santander on Latin American capital markets. Ximena has been recognized as an industry leader for her participation with regulators and market participants in Colombia, Chile and Peru.

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $44.3 trillion in assets under custody and/or administration and $4.4 trillion* in assets under management as of June 30, 2024, State Street operates globally in more than 100 geographic markets and employs approximately 53,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of June 30, 2024 includes approximately $69 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

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© 2024 State Street Corporation

Media Contact:

Brendan Paul

Mobile: +1 401 644 9182

Bpaul2@statestreet.com

Source: State Street Corporation

FAQ

What is State Street's (STT) recent expansion announcement?

State Street (NYSE: STT) has announced its strategic expansion into Mexico as part of its broader growth strategy for Latin America.

Who has State Street (STT) appointed to lead their expansion in Mexico?

State Street has appointed Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean to lead the company's efforts in Mexico.

What other Latin American countries does State Street (STT) operate in?

State Street already has operations established in Colombia, Chile, and Peru, in addition to its new expansion into Mexico.

What is Maria Ximena Vasquez Barbosa's background before joining State Street (STT)?

Maria Ximena brings over 20 years of experience in securities services, having previously worked for Citibank for eleven years and Santander in Latin American capital markets.

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