State Street Corporation has appointed Jörg Ambrosius as head of its UK, Europe, Middle East and Africa (EMEA) business.
Ambrosius will report to Francisco Aristeguieta, the newly appointed head of State Street's international business. Ambrosius will succeed Liz Nolan who was named head of State Street's Global Delivery team, managing global operations and infrastructure, earlier this year. Ambrosius will also serve on State Street's Management Committee, its senior-most strategy and policy making group. Ambrosius's appointment is subject to regulatory approval.
As head of State Street for EMEA, Ambrosius will be responsible for all business activities in the region including driving strategy, stewarding client engagement, developing talent, overseeing risk management, pursuing growth opportunities as well as managing relationships with diverse stakeholders including local officials and regulators.
Ambrosius has more than 25 years' experience in the financial services industry. He was most recently co-head of State Street's Global Services business in EMEA and head of its global sovereign wealth servicing business. In these positions he was responsible for driving and executing business strategies, risk management processes and delivering a ‘one State Street' experience for clients.