State Street has promoted Pauline Wong to head of the Hong Kong special administrative region and Ilona Chen to head of Taiwan.
In these newly created roles, Wong and Chen will report to Mostapha Tahiri, CEO for Asia Pacific.
Based in Hong Kong and Taipei respectively, Wong and Chen will be responsible for leading and executing the enterprise-wide business strategy, developing talent, and managing relationships with local government officials and regulators in Hong Kong and Taiwan.
Wong and Chen will oversee all State Street’s businesses in Hong Kong and Taiwan respectively.
Wong joined State Street in 2011 and was most recently Asia Pacific lead for the firm’s client programme office, and during her career, she has gained 20 years of experience in financial services.
Before joining State Street, she worked in various positions at HSBC in trustee services, private banking and securities services covering the Asian region.
Meanwhile, Chen joined State Street in 1993 and helped establish the firm’s asset servicing business in Taipei in 1995. Her most recent role was head of institutional services for Greater China.
Tahiri comments: “We are delighted to promote Pauline Wong and Ilona Chen to these new roles. State Street has been supporting clients in Hong Kong for almost 40 years and in Taiwan since 1995.”
According to Tahiri, it’s State Street’s ambition to continue to support its clients in these two markets to achieve their growth objectives by bringing them all State Street’s solutions and integrated value proposition.
“With Wong and Chen’s on-the-ground experience and leadership, we will be able to build upon and expand our position as a leading provider of investment management services throughout the Asia Pacific region,” Tahiri adds.
