State Street Appoints Ian Martin as Head of Asia-Pacific

Monday, January 14, 2019 10:37 am EST

Dateline:

HONG KONG, SINGAPORE, TOKYO, SYDNEY
"With his knowledge and experience across our businesses, I am very confident that Ian will build further on our business growth in Asia-Pacific by delivering high quality solutions and services."

State Street Corporation (NYSE: STT) today announced that Ian Martin has been named head of Asia-Pacific in addition to his current responsibilities as head of Global Services in the region. Martin succeeds Wai-Kwong Seck who, after eight years in the role has decided to pursue other opportunities, closer to his hometown of Singapore.

Martin, a 25-year State Street veteran, has deep knowledge of the firm’s clients and strategy having held several leadership roles across the firm and in multiple locations in the region. He will continue to be based in Hong Kong and report to Andrew Erickson, head of Global Services worldwide.

“Ian has led the majority of State Street’s businesses in the region throughout his career including investment servicing, trading and research within Global Markets, and our data and analytics businesses,” said Erickson. “With his knowledge and experience across our businesses, I am very confident that Ian will build further on our business growth in Asia-Pacific by delivering high quality solutions and services.”

“I am excited to lead State Street in the region at this time,” said Martin. “I look forward to partnering with our clients to deliver integrated solutions for their business and investment needs, which will include the development of the industry’s first-ever global platform connecting the front, middle and back office.”

State Street has operated in the Asia-Pacific region for more than 40 years. With offices in countries including Australia, Japan, mainland China, Hong Kong, Singapore, South Korea, Taiwan, Malaysia, Thailand and Brunei, State Street provides investment servicing, investment management, investment research and data and analytics to its clients spanning asset owners, asset managers, sovereign wealth funds and alternative investors.

About State Street Corporation

State 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 $33.99 trillion in assets under custody and administration and $2.81 trillion* in assets under management as of September 30, 2018, 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.

*This figure is presented as of September 30, 2018 and includes approximately $28 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

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