State Street welcomes Christophe Baurand as French country head

State Street has announced the hire of Christophe Baurand as country head of France.

Baurand will report to Denis Dollaku, executive management board member of State Street Bank International.

In his new role, Baurand will be responsible for leading the design and execution of State Street’s growth and client relationship strategy in France, strengthening the company’s local network, as well as driving business in the region.

Bringing more than 20 years of experience in investment banking to the role, Baurand joins the bank from Societe Generale Securities Services, where he was most recently global head of sales, marketing and solutions.

Prior to this, he worked for Lyxor Asset Management, where he was global head of business development, and Societe Generale CIB, where he was the head of sales of equity derivatives for Switzerland and Benelux.

State Street has also seen the appointment of DonnaLee DeMaio to its board of directors.

DeMaio was previously executive vice president and global chief operating officer for the general insurance division of American International Group (AIG).

In this role, she was responsible for all operational aspects of general insurance globally, overseeing employees across five shared services sites in Asia, the US and Europe.

Speaking on the appointments, Dollaku says: “We are delighted to welcome Christophe to State Street to build on the foundation we have in France. His extensive on-the-ground experience will be invaluable for our continued growth in the EMEA region. Christophe’s strong competencies and strategic vision will be vital in continuing to effectively meet our clients’ evolving needs.”

Ron O’Hanley, chairman and CEO of State Street Corporation, adds: “Donna has extensive experience in highly regulated entities across the financial services industry, as well as deep global expertise.

“She has also provided strategic direction and leadership with results that span multiple regions, business lines and geographic locations, and we are confident she will be an invaluable asset to our board.”