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Generic business image for news article Image: Riccardo Lamanna

18 August 2021
Switzerland
Reporter Maddie Saghir

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State Street names new country heads for three European markets

State Street Corporation has appointed new country heads for Germany, Luxembourg and Switzerland.

Dagmar Kamber Borens has been appointed as the country head of Switzerland. Borens has more than 20 years of experience in the banking industry.

Most recently, Dagmar was the designated CEO of Quintet Private Bank Switzerland AG. She spent 18 years at UBS AG, where she held a number of senior management positions.

These positions included group chief financial officer for Asia Pacific (APAC) in Singapore, and chief operating officer for the Swiss Universal Bank at Credit Suisse AG, where she had responsibility for strategy, IT/operations, digitalisation, banking products and marketing.

Riccardo Lamanna, head of alpha business development for Europe, the Middle East and Africa (EMEA) and the legal entity head and board member for State Street Global Exchange GmbH, has been appointed as the country head of Luxembourg.

Lamanna joined State Street in 2010 as part of the Intesa Sanpaolo acquisition, and successfully led its Italian branch and managed global services in the Netherlands prior to his most recent role.

Meanwhile, Andreas Niklaus has been appointed as the country head of Germany. He joined State Street in 2003 to manage the Depotbank and successfully integrated Deutsche Bank’s securities services business into State Street Bank International GmbH.

Niklaus has served as chief operating officer since 2006, and was most recently responsible for Global Services in Germany, Austria, Netherlands and the Nordics, and served as the European head of depositary services.

In their respective regions, they will be responsible for developing business, stewarding client engagement, developing talent, and building the company’s brand and market network, in addition to maintaining strong and proactive regulatory relationships.

Jörg Ambrosius, executive vice president and CEO, EMEA, for State Street, comments: “Our country heads are critical to our vision and path forward to being an essential partner for our clients. They all bring significant, on-the-ground experience to their roles and are highly skilled to lead the creation and execution of an enterprise-wide growth strategy for their respective markets.”

“I am delighted to have such strong leaders in these important countries and markets to continue to drive our European expansion and deepen our relationships with local institutional investors and regulators,” Ambrosius adds.

State Street has also recently hired Sam Edwards as head of collateral management for APAC, effective immediately.

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