State Street Corporation (NYSE: STT) announced today that Joerg Ambrosius, executive vice president and chief commercial officer, has been appointed president of Investment Services, State Street’s largest business.
Ambrosius brings more than 30 years of financial services experience, with a successful track record of leading client management, sales and revenue growth, focusing on the needs of asset managers and institutional investors. Ambrosius assumed an expanded role in October 2023 with overall leadership of Investment Services’ client facing activities and full responsibility for its international organization to better enable a differentiated client experience for clients worldwide. The appointment of a leader solely focused on the investment services business will further strengthen execution, streamline decision making, and provide clients with more effective delivery of products, services, and solutions.
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