State Street Corporation has appointed Michael Eldridge as UK country head and branch manager.
Reporting to executive vice president Cuan Coulter, Eldridge will oversee all aspects of State Street’s business in the UK.
He will also supervise the execution of the firm’s strategy across product deployment, client relationships, risk and compliance, employee development and community engagement.
Eldridge has more than 30 years’ experience in the financial services industry, with a strong background in custody operations, global markets and investment banking.
Since joining State Street in 2016, Eldridge has led multiple projects in senior roles, including the establishment of new operating teams in the UK, Germany and India.
Commenting on the appointment, Coulter says: “With his background in supporting and establishing complex teams and organisations, Michael is well equipped to manage this important market.
“I look forward to working with him closely and continuing to grow UK business and delivering value to our clients and stakeholders.”
Eldridge adds: “I am excited by the opportunity to lead our talented teams in Edinburgh and London, as we continue to set standards for excellence in the financial services industry.
“Our culture of collaboration and dedication, coupled with our focus on client-centric innovative solutions, will ensure we continue supporting global clients of different scales in unlocking value and improving operational efficiency.”
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