Dublin, January 4, 2024 – State Street Corporation (NYSE: STT) today
announced the appointment of Terri Dempsey as country head of Ireland. Dempsey will oversee the delivery of services
and strategy for all of State Street’s operations in Ireland and report to Executive Vice President Cuan
Coulter.
Dempsey moves into the country head role formerly held by Tadhg Young, who recently assumed the position as head of State Street’s global clients division and is now based in Boston.
State Street is the largest provider of fund administration and custody services in Ireland with $1.7 trillion in
assets serviced across all asset classes and managed by some of the world’s leading investment management
firms and financial companies.
Dempsey started her tenure with State Street in 2005 and has held a variety of senior positions. Most recently, she
has been responsible for the global delivery operational groups and served as interim head of State Street Funds
Services (Ireland) Limited. Having spent more than 25 years in the Ireland financial services industry,
Dempsey brings a depth of operational, governance and management experience to her new role.
Commenting on the appointment, Coulter said, “Terri’s exceptional leadership skills, extensive knowledge
of the Irish market and deep-rooted expertise in the finance industry align perfectly with our commitment to
delivering unparalleled value to our clients and stakeholders. We look forward to continue working with Terri in her
expanded responsibilities, leading our Ireland operation to achieve greater success.”
“I look forward to leading the talented team we have built as we continue to provide innovative solutions to
the financial services industry which have defined our strategy for many years. I am excited to continue to
contribute to a culture that fosters collaboration and a commitment to excellence to help our global clients,”
said Dempsey.
Tadhg Young served as country head of Ireland since 2018 and recently assumed the role of head of State Street’s global clients division where he manages some of the largest and most complex clients around the world.
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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 $40.0 trillion in assets under custody and/or administration and $3.7 trillion* in assets under management as
of September 30, 2023, State Street operates globally in more than 100 geographic markets and employs approximately
42,000 worldwide. For more information, visit State Street's website at www.statestreet.com.
*Assets under management as of September 30, 2023 includes approximately $58 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.
Tracking Number: 6192138.1.1.GBL.RTL
Expiration Date: Jan 1, 2025