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People moves news

State Street appoints new China head


12 March 2018 Beijing
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
State Street has appointed Lisa Lou as country head of global services for China and general manager of its Beijing office.

Based in Beijing, Lou will be responsible for managing the State Street’s global services business and leading the firm’s China strategy.

Lou will report to Richard Fogarty, senior vice president and head of global services for the firm’s North Asia business.

Prior to State Street, Lou worked at J.P. Morgan Chase Bank China, where she was head of financial institutions and public sector clients for China and general manager of its Beijing branch.

Before that, Lou held senior management roles at Standard Chartered Bank China and HSBC Australia, covering client segments and product lines.

State Street first established its presence in Beijing and Shanghai in 2005 and 2008 respectively, and has a technology and processing center in Hangzhou. Beijing also has a branch license from The China Banking Regulatory Commission.

Commenting on Lou’s appointment, Fogarty said: “Lisa Lou has a wealth of knowledge about financial services both in China and internationally. She will play a vital role helping to strengthen our local relationships with regulators and the financial industry in China, as we look to expand our servicing capabilities and grow our client base over the coming years.”
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