State Street appoints Asia Pacific asset manager head
State Street Corporation has appointed Neil Macdonald as head of the asset managers segment in Asia Pacific.
In the newly-created role, Macdonald would lead the firm’s engagement strategy for asset manager clients in Asia Pacific which included strategic direction, solutions structuring and would be responsible for overall growth of the segment.
Based in Hong Kong, he would report to Donna Milrod, head of global asset mangers segment and global clients division, and regionally to Mostapha Tahiri, chief executive for Asia Pacific.
Macdonald joined from KPMG where he was head of the wealth and asset management centre of excellence.
Before KMPG, he was chief operating officer (COO) of global investment solutions for JP Morgan Asset Management and COO for BlackRock’s institutional clients in Europe and the Middle East.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.