State Street Appoints John Lehner to Head of Investment Manager Services Business
March 14 2017 - 9:00AM
Business Wire
State Street Corporation (NYSE: STT) today announced that it has
appointed John Lehner to executive vice president and head of State
Street’s Investment Manager Services (IMS) business. Lehner will
report to Bob Kaplan, executive vice president.
Lehner will lead the strategic direction, sales and operations
for State Street’s IMS business globally with responsibility for
employees in 14 countries. He will also be responsible for managing
the IMS technology strategy. State Street is one of the leading
providers of investment manager outsourcing services with more than
60 clients globally. In October of last year, State Street
announced that it was reappointed by PIMCO to provide investment
manager services outsourcing in support of $1.55 trillion in assets
under management. The agreement renewed a historic 16-year
investment manager services outsourcing relationship announced in
2000, whereby State Street assumed PIMCO's back-office investment
operations in Newport Beach, California, including trade
processing, collateral management, pricing, and derivatives
processing.
“John brings more than 25 years of experience in the financial
services technology industry with a unique background spanning both
the buy- and sell-side. He has also built and led successful
organizations in the global financial services product, technology
and services arena,” said Kaplan. “We look forward to him joining
the team as we continue to meet our clients’ growing needs.”
Lehner most recently served as chief executive officer of BNY
Mellon Technology Solutions, chairman of Eagle Investment Systems,
and president of BNY Mellon New England. Prior to joining BNY
Mellon and Eagle, he held senior positions at GovPX, Advent
Software, and Wang Financial Information Services.
About State StreetState Street Corporation (NYSE: STT) is
one of the world's leading providers of financial services to
institutional investors, including investment servicing, investment
management and investment research and trading. With $29 trillion
in assets under custody and administration and $2 trillion* in
assets under management as of December 31, 2016, State Street
operates in more than 100 geographic markets worldwide, including
the US, Canada, Europe, the Middle East and Asia. For more
information, visit State Street’s website at
www.statestreet.com.
* Assets under management were $2.47 trillion as of December 31,
2016. AUM reflects approx. $30.62 billion (as of December 31, 2016)
with respect to which State Street Global Markets, LLC (SSGM)
serves as marketing agent; SSGM and State Street Global Advisors
are affiliated.
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State Street CorporationAnne McNally, +1
617-664-8576aemcnally@statestreet.com@StateStreet
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