State Street has appointed Jörg Ambrosius as head of its UK, Europe, Middle East and Africa (EMEA) business.
Based in London, Ambrosius will report to Francisco Aristeguieta, the newly appointed head of State Street’s international business.
Ambrosius will be responsible for all business activities in the region including driving strategy, stewarding client engagement, developing talent, overseeing risk management, pursuing growth opportunities as well as managing relationships with stakeholders including local officials and regulators.
Ambrosius will also serve on State Street’s management committee, its senior-most strategy and policy making group.
He succeeds Liz Nolan who was appointed head of State Street’s global delivery team earlier this year.
Ambrosius has more than 25 years’ experience in the financial services industry.
He was most recently co-head of State Street’s global services business in EMEA and head of its global sovereign wealth servicing business where he was responsible for driving and executing business strategies and risk management processes.
Aristeguieta said: “Throughout his career Jörg Ambrosius has demonstrated successful leadership of key businesses and teams and will now drive our EMEA strategy forward.”
“Ambrosius’ track-record as a strategic partner to institutional clients, his knowledge of complex and diverse regional regulations as well as his experience working across broad stakeholder groups position him perfectly for this role.”
Ambrosius added: “I am excited to take on this new role at such an important time for State Street, our clients and the industry. We have a very strong platform in EMEA from which to build, and I look forward to working with the teams across the region to drive growth and deliver returns.”
