State Street Names Head of Investment Services
State Street (NYSE: STT) has appointed Joerg Ambrosius as the new President of Investment Services, the company's largest business unit. Ambrosius, with over 30 years of financial services experience, previously served as executive vice president and chief commercial officer. His expanded role, which began in October 2023, includes leadership of Investment Services' client-facing activities and international operations.
The appointment aims to strengthen execution, streamline decision-making, and enhance client service delivery. Mostapha Tahiri will continue as State Street's chief operating officer, focusing on global operations, technology, and transformation initiatives. Both Ambrosius and Tahiri will report directly to Ron O'Hanley, chairman and CEO of State Street.
State Street (NYSE: STT) ha nominato Joerg Ambrosius come nuovo Presidente dei Servizi di Investimento, la più grande divisione dell'azienda. Ambrosius, con oltre 30 anni di esperienza nei servizi finanziari, ha precedentemente ricoperto il ruolo di vicepresidente esecutivo e chief commercial officer. Il suo ruolo ampliato, che è iniziato nell'ottobre 2023, include la leadership delle attività rivolte ai clienti e delle operazioni internazionali dei Servizi di Investimento.
La nomina ha l'obiettivo di rafforzare l'esecuzione, snellire il processo decisionale e migliorare la qualità del servizio ai clienti. Mostapha Tahiri continuerà a ricoprire il ruolo di chief operating officer di State Street, concentrandosi sulle operazioni globali, sulla tecnologia e sulle iniziative di trasformazione. Sia Ambrosius che Tahiri riporteranno direttamente a Ron O'Hanley, presidente e CEO di State Street.
State Street (NYSE: STT) ha nombrado a Joerg Ambrosius como nuevo Presidente de Servicios de Inversión, la unidad de negocio más grande de la compañía. Ambrosius, con más de 30 años de experiencia en servicios financieros, anteriormente se desempeñó como vicepresidente ejecutivo y director comercial. Su rol ampliado, que comenzó en octubre de 2023, incluye la dirección de las actividades orientadas al cliente y las operaciones internacionales de Servicios de Inversión.
La designación tiene como objetivo fortalecer la ejecución, simplificar la toma de decisiones y mejorar la entrega del servicio al cliente. Mostapha Tahiri continuará como director de operaciones de State Street, enfocándose en operaciones globales, tecnología e iniciativas de transformación. Tanto Ambrosius como Tahiri reportarán directamente a Ron O'Hanley, presidente y director ejecutivo de State Street.
State Street (NYSE: STT)는 Joerg Ambrosius를 새로운 투자 서비스 총괄 사장으로 임명했습니다. 이는 회사의 가장 큰 사업 부문입니다. Ambrosius는 30년 이상의 금융 서비스 경력을 보유하고 있으며, 이전에는 부사장과 최고 상업 책임자로 재직했습니다. 그의 확대된 역할은 2023년 10월부터 시작되었으며, 투자 서비스의 고객 직면 활동과 국제 운영을 포함합니다.
이번 임명의 목적은 실행력을 강화하고 의사 결정을 간소화하며 고객 서비스 제공을 향상시키는 것입니다. Mostapha Tahiri는 State Street의 최고 운영 책임자로 계속 활동하며, 글로벌 운영, 기술 및 변화 이니셔티브에 집중할 것입니다. Ambrosius와 Tahiri 모두 State Street의 회장 겸 CEO인 Ron O'Hanley에게 직접 보고합니다.
State Street (NYSE: STT) a nommé Joerg Ambrosius en tant que nouveau Président des Services d'Investissement, la plus grande unité commerciale de l'entreprise. Ambrosius, fort de plus de 30 ans d'expérience dans les services financiers, a précédemment occupé le poste de vice-président exécutif et directeur commercial. Son rôle élargi, qui a commencé en octobre 2023, inclut la direction des activités orientées vers le client et des opérations internationales des Services d'Investissement.
Cette nomination vise à renforcer l'exécution, à rationaliser la prise de décision et à améliorer la qualité du service à la clientèle. Mostapha Tahiri continuera en tant que directeur des opérations de State Street, en se concentrant sur les opérations mondiales, la technologie et les initiatives de transformation. Ambrosius et Tahiri relèveront directement de Ron O'Hanley, président et CEO de State Street.
State Street (NYSE: STT) hat Joerg Ambrosius zum neuen Präsidenten der Investment Services ernannt, der größten Geschäftseinheit des Unternehmens. Ambrosius bringt über 30 Jahre Erfahrung im Finanzdienstleistungssektor mit und war zuvor als Executive Vice President und Chief Commercial Officer tätig. Sein erweitertes Aufgabengebiet, das im Oktober 2023 begann, umfasst die Leitung der kundenorientierten Aktivitäten und internationalen Operationen der Investment Services.
Die Ernennung zielt darauf ab, die Ausführung zu stärken, die Entscheidungsfindung zu optimieren und die Dienstleistungserbringung an die Kunden zu verbessern. Mostapha Tahiri wird weiterhin als Chief Operating Officer von State Street fungieren und sich auf globale Operationen, Technologie und Transformationsinitiativen konzentrieren. Sowohl Ambrosius als auch Tahiri werden direkt an Ron O'Hanley, den Vorsitzenden und CEO von State Street, berichten.
- Appointment of experienced leader Joerg Ambrosius as President of Investment Services
- Streamlined decision-making process expected to improve client service delivery
- Continued focus on operational excellence and productivity under COO Mostapha Tahiri
- None.
Joerg Ambrosius Appointed President of Investment Services
Ambrosius brings more than 30 years of financial services experience, with a successful track record of leading client management, sales and revenue growth, focusing on the needs of asset managers and institutional investors. Ambrosius assumed an expanded role in October 2023 with overall leadership of Investment Services’ client facing activities and full responsibility for its international organization to better enable a differentiated client experience for clients worldwide. The appointment of a leader solely focused on the investment services business will further strengthen execution, streamline decision making, and provide clients with more effective delivery of products, services, and solutions.
“Joerg is a proven leader whose deep strategic insights, breadth of experience, and client focus distinguish him and will best position State Street to support our clients today and into the future,” said Ron O’Hanley, chairman and chief executive officer of State Street. “He has been instrumental in driving our Investment Services growth agenda and delivering deep client satisfaction and strong results.”
Mostapha Tahiri will remain as State Street’s chief operating officer. Appointed in October 2023, Tahiri has had immediate impact in positioning State Street’s enterprise global operations and technology organizations to deliver greater value for its clients and its business, as well as driving ongoing service quality and productivity improvements through transformation initiatives across the firm.
Ambrosius and Tahiri will continue to report directly to O’Hanley.
O’Hanley continued, “I am confident in our Investment Services strategy to deliver distinctive value to our clients. Joerg’s appointment, coupled with Mostapha’s focus on operational excellence and productivity for the benefit of clients, demonstrates State Street’s commitment to leadership and value creation in this market.”
These changes will further position State Street’s Investment Services business for long-term success as it delivers for our clients and investors, executes on its strategy, and accelerates revenue growth.
About State Street
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
* Assets under management as of June 30, 2024 includes approximately
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of
Important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in our 2023 Annual Report on Form 10-K and our subsequent SEC filings. We encourage investors to read these filings, particularly the sections on risk factors, for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this news release should not by relied on as representing our expectations or beliefs as of any time subsequent to the time this news release is first issued, and we do not undertake efforts to revise those forward-looking statements to reflect events after that time.
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Media:
Ed Patterson
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Epatterson@statestreet.com
Investor Relations:
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Source: State Street Corporation
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