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Generic business image for news article Image: State Street

12 August 2024
US
Reporter Jack McRae

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State Street names Ambrosius President of Investment Services

State Street has appointed Joerg Ambrosius as president of Investor Services.

Ambrosius has over three decades of experience in the financial services industry and has been serving as executive vice president and chief commercial officer at the company.

Ron O’Hanley, chairman and CEO of State Street, says: “Joerg is a proven leader whose deep strategic insights, breadth of experience, and client focus distinguish him and will best position State Street to support our clients today and into the future.

“He has been instrumental in driving our Investment Services growth agenda and delivering deep client satisfaction and strong results.”

Mostapha Tahiri will remain as State Street’s chief operating officer after being appointed in October 2023.

Tahiri will be responsible for delivering greater value for its clients and its business, as well as ongoing service quality and productivity improvements throughout the firm.

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