State Street Global Advisors Appoints David Saulnier to Chief Risk Officer
November 17 2014 - 2:03PM
Business Wire
State Street Global Advisors (SSgA), the asset management
business of State Street Corporation (NYSE: STT), announced today
the appointment of David Saulnier as chief risk officer. Saulnier,
age 47, previously served as chief risk officer for State Street’s
investment servicing business in the Americas. He will assume his
new role at SSgA effective immediately.
“We are very pleased to bring David’s strong industry expertise
to our risk management team,” said Scott Powers, president and
chief executive officer of SSgA. “He brings a strong background in
risk and compliance oversight along with deep experience in
investment management. In this new role, David will be a key member
of our management team and help advance our solutions-based
approach with clients.”
Saulnier joined State Street in 2008 from Pioneer Investment
Management USA, where for seven years he was director and head of
risk management for all US operations, trading and portfolio
management. In this capacity David served as chairman of the
Pioneer Trade Management Committee and was also a member of the
firm’s IT Advisory Board and Operating Committee. Prior to joining
Pioneer, David was the director of Counterparty Risk at Harvard
Management Company responsible for the creation and oversight of
counterparty credit policies. Before Harvard Management Company, he
worked as a commercial banker with Bank of America managing
relationships within the real estate, medical and financial
services industries. David earned his bachelor of science in
business administration from The Citadel Military College and an
MBA from Baylor University.
“I look forward to working with SSgA’s management team to
provide our clients with solutions for today’s complex investment
problems,” said Saulnier.
About SSGA
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors
worldwide for its disciplined investment process, powerful global
investment platform and access to every major asset class,
capitalization range and style. SSgA is the asset management
business of State Street Corporation, one of the world’s leading
providers of financial services to institutional investors.
Investing involves risk including the risk of loss of
principal.
The information provided does not constitute investment advice
and it should not be relied on as such. It should not be considered
a solicitation to buy or an offer to sell a security. It does not
take into account any investor's particular investment objectives,
strategies, tax status or investment horizon. You should consult
your tax and financial advisor. All material has been obtained from
sources believed to be reliable. There is no representation or
warranty as to the accuracy of the information and State Street
shall have no liability for decisions based on such
information.
CORP-1173
State Street CorporationAlicia Curran Sweeney,
617-664-3001AACurran@StateStreet.com@StateStreet
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