Ann Prendergast promoted at State Street 21 November 2023Ireland Reporter: Lucy Carter
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State Street Global Advisors (SSGA) has appointed Ann Prendergast as head of EMEA. She replaces Rory Tobin, who retired in June, and reports to Yie-Hsin Hung, president and CEO.
In the Dublin-based role, Prendergast will be responsible for the development and execution of the company’s strategic direction and growth in Europe, providing regulatory oversight for the firm’s activities in the EMEA region.
Prendergast has almost three decades of industry experience, and has been a part of State Street since 2000. She joined the firm as a relationship manager, going on to hold a number of senior roles including managing director and head of relationship management, director of SSGA Ireland, and most recently CEO of SSGAEurope.
Prendergast has also served as a council member for the Irish Association of Pension Funds since 2021.
Commenting on her appointment, Prendergast says: “There is a significant opportunity ahead of us to strengthen our existing franchises and client relationships, while also focusing on new strategic areas. I look forward to working with the team to pursue our growth ambitions.”
Hung states: “[Prendergast] brings a deep understanding of our business to her new responsibilities, having spent more than two decades of her career with our firm. I am confident that we will benefit greatly from her deep industry knowledge, strong client orientation, regulatory experience and leadership strengths.”
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