State Street Appoints Country Head of Global Services China and General Manager of its Beijing Branch

Wednesday, March 7, 2018 8:40 am EST



State Street Corporation (NYSE: STT) today announced the appointment of Lisa Lou as country head of Global Services China and general manager of its Beijing branch, effective from February 26, 2018.

Based in Beijing, Lou will be responsible for managing the State Street’s Global Services business and leading the firm’s China strategy. Lou will report to Richard Fogarty, senior vice president, head of Global Services North Asia .

“Lisa has a wealth of knowledge about financial services both in China and internationally. She will play a vital role helping to strengthen our local relationships with regulators and the financial industry in China, as we look to expand our servicing capabilities and grow our client base over the coming years,” said Fogarty.

Lou has more than 20 years of experience in the financial services industry. She most recently worked at JP Morgan Chase Bank China, where she was head of financial institutions and public sector clients for China and general manager of its Beijing branch. Prior to that, Lou held a number of senior management roles in Standard Chartered Bank China and HSBC Australia covering various client segments and product lines.  

State Street first established its presence in Beijing and Shanghai in 2005 and 2008 respectively and  has a technology and processing center in Hangzhou. With a Beijing branch license from China Banking Regulatory Commission and more than 2,000 employees in China*, State Street offers an array of investment servicing solutions for Chinese institutions’ overseas assets, including offshore custody and administrative services.

*Source: State Street, as of December 31, 2017

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 $33.10 trillion in assets under custody and administration and $2.78 trillion* in assets under management as of December 31, 2017, 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

* AUM reflects approx. $35 billion (as of December 31, 2017) with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.


Kate Cheung
+852 3556 1103


Important Information All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for decisions based on such information and it should not be relied on as such. State Street Asia Limited © 2018 State Street Corporation - All Rights Reserved 2041971.1.1.APAC. Expiration date: 02/28/2019 The material presented herein is for informational purposes only. The views expressed herein are subject to change based on market and other conditions and factors. The opinions expressed herein reflect general perspectives and information and are not tailored to specific requirements, circumstances and / or investment philosophies. The information presented herein does not take into account any particular investment objectives, strategies, tax status or investment horizon. It does not constitute investment research or investment, legal, or tax advice and it should not be relied on as such. It should not be considered an offer or solicitation to buy or sell any product, service, investment, security or financial instrument or to pursue any trading or investment strategy. It does not constitute any binding contractual arrangement or commitment of any kind. State Street is not, by virtue of providing the material presented herein or otherwise, undertaking to manage money or act as your fiduciary. You acknowledge and agree that the material presented herein is not intended to and does not, and shall not, serve as the primary basis for any investment decisions. You should evaluate and assess this material independently in light of those circumstances. We encourage you to consult your tax or financial advisor. All material, including information from or attributed to State Street, has been obtained from sources believed to be reliable, but its accuracy is not guaranteed and State Street does not assume any responsibility for its accuracy, efficacy or use. Any information provided herein and obtained by State Street from third parties has not been reviewed for accuracy. In addition, forecasts, projections, or other forward-looking statements or information, whether by State Street or third parties, are not guarantees of future results or future performance, are inherently uncertain, are based on assumptions that, at the time, are difficult to predict, and involve a number of risks and uncertainties. Actual outcomes and results may differ materially from what is expressed herein. The information presented herein may or may not produce results beneficial to you. State Street does not undertake and is under no obligation to update or keep current the information or opinions contained in this communication. To the fullest extent permitted by law, this information is provided “as-is” at your sole risk and neither State Street nor any of its affiliates or third party providers makes any guarantee, representation, or warranty of any kind regarding such information, including, without limitation, any representation that any investment, security or other property is suitable for you or for others or that any materials presented herein will achieve the results intended. State Street and its affiliates and third party providers disclaim any warranty and all liability, whether arising in contract, tort or otherwise, for any losses, liabilities, damages, expenses or costs, either direct, indirect, consequential, special or punitive, arising from or in connection with your access to and / or use of the information herein. Neither State Street nor any of its affiliates or third party providers shall have any liability, monetary or otherwise, to you or any other person or entity in the event the information presented herein produces incorrect, invalid or detrimental results. No permission is granted to reprint, sell, copy, distribute, or modify any material herein, in any form or by any means without the prior written consent of State Street.

Media Contacts

Contact a member of the State Street Media Relations Team.

Social Media

Business Wire NewsHQ℠