State Street Corporation has appointed Michelle Grundmann to the role of head of Global Services for continental and southern Europe, effective from February 2018. Based in Frankfurt, Grundman will report to Stefan Gmür, chief executive officer and speaker of the board for State Street Bank International GmbH, Munich; and Liz Nolan, co-head of Global Services for EMEA.
Grundmann has nearly 30 years of industry experience and in-depth knowledge of the European market. Most recently she was with J.P. Morgan, where she was head of Investor Services for Germany, Austria and Switzerland. Prior to that, she held executive positions at BNY Mellon, Chase Manhattan Bank, Merrill Lynch Investment Management and the Bankers Trust Company of New York.
Nolan commented: “Grundmann’s extensive experience and focus are ideal to help build on the great momentum we have achieved in Europe to date, and significantly contribute to our long-term and successful client partnerships.”