State Street Corporation has appointed its executive vice-president and global head of asset owner segment, Jessica Donohue, to head of global investment insights, sustainability, and impact.
Donohue has been with the firm for over two decades and started out as a senior managing director and head of investor behaviour research in 2008.
She succeeds Rick Lacaille, who announced his retirement earlier this year, and will report to State Street’s president, chief operating officer and head of investment services, Lou Maiuri.
“Being a strategic and trusted partner to our clients to meet their complex and changing needs requires us to continue to evolve our investment-related thought leadership and solutions,” said Maiuri.
“Jessica’s background in research and investment-related insights, coupled with her deep understanding of clients’ unique challenges and the market overall is precisely what our clients need as we continue to deliver as their essential partner.”
In this role, Donohue will oversee the firm’s sustainability efforts with a focus on delivering insights to clients and the industry. State Street currently has some $3.6 trillion in assets under management as of 31 March 2023.
She is a founding member of the management team that started the State Street Global Exchange, the division focused on data and analytics, where she and her team created several new business lines including investable indices and advisory solutions.
Donohue has held various roles at the firm in the last 20 years, including vice-president of State Street Global Markets for six years and chief innovation officer and head of advisory and information solutions for almost two and a half years.
State Street recently expanded its Asia-Pacific presence across transition management, currency management, execution solutions, and exposure solutions with the appointment of John Venardos as managing director of portfolio solutions in June.
