State Street appoints new head of UK EMEA business
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State Street appoints new head of UK EMEA business 12 July 2019London Reporter: Jenna Lomax
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State Street has appointed J枚rg 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鈥檚 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鈥檚 management committee, its senior-most strategy and policy making group.
He succeeds Liz Nolan who was appointed head of State Street鈥檚 global delivery team earlier this year.
Ambrosius has more than 25 years鈥� experience in the financial services industry.
He was most recently co-head of State Street鈥檚 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: 鈥淭hroughout his career J枚rg Ambrosius has demonstrated successful leadership of key businesses and teams and will now drive our EMEA strategy forward.鈥�
鈥淎mbrosius鈥� 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.鈥�
Ambrosius added: 鈥淚 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.鈥�
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