State Street appoints new CEO of international business
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State Street appoints new CEO of international business 15 April 2019Hong Kong Reporter: Jenna Lomax
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State Street Corporation has appointed Francisco Aristeguieta as CEO of its international business, effective from July 2019.
Reporting to State Street president and CEO, Ron O’Hanley, Aristeguieta will also become a member of the company’s management committee.
Based in Hong Kong, Aristeguieta will be responsible for all of State Street’s business activities outside of the US including driving strategy, stewarding client engagement, developing talent, pursuing growth opportunities and increasing market share.
Aristeguieta will work in partnership with State Street’s global business leaders to deliver solutions and insights to clients globally.
He joins State Street from Citigroup where he most recently served as CEO of its Asia business.
Prior to that, he served as head of Citigroup’s business in Latin America and before that led its transaction services group in Latin America where he was responsible for securities servicing, trade and cash management.
O’Hanley said: “We are delighted to welcome Francisco to State Street. His deep experience and proven leadership qualities will advance our strategy and growth objectives on behalf of our clients and shareholders, and augment our already strong local management teams outside of the US.”
Aristeguieta commented: “I am excited to be joining State Street, a leader in its industry and a company that I admire. I believe there are tremendous opportunities ahead given State Street’s scale and global footprint, and the innovation and talent it is bringing to the industry.”
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