State Street hires Ambrosius to lead Investment Services
State Street announced that Joerg Ambrosius, executive vice president and chief commercial officer, has been appointed president of Investment Services, the bank’s largest business.
Ambrosius brings more than 30 years of financial services experience, with a track record of leading client management, sales and revenue growth, focusing on the needs of asset managers and institutional investors. He 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.
“Joerg is a proven leader whose deep strategic insights, breadth of experience, and client focus distinguish him and will best position State Street to support our clients today and into the future,” said Ron O’Hanley, chair and chief executive officer of State Street, in a statement. “He has been instrumental in driving our Investment Services growth agenda and delivering deep client satisfaction and strong results.”
Mostapha Tahiri will remain as State Street’s chief operating officer. Appointed in October 2023, Tahiri has had immediate impact in positioning State Street’s enterprise global operations and technology organizations to deliver greater value for its clients and its business, as well as driving ongoing service quality and productivity improvements through transformation initiatives across the firm.
Ambrosius and Tahiri will continue to report directly to O’Hanley.
ABN AMRO appoints Credit Suisse’s Fioravanti as CRO
The Supervisory Board of ABN AMRO announced the appointment of Serena Fioravanti as chief risk officer (CRO) and member of the Executive Board (ExBo), responsible for risk management and compliance. Fioravanti brings almost 25 years of experience in the banking sector, with a focus on risk management, treasury, liquidity risk management, corporate finance, project management and audit.
Over the past seventeen years, she has worked in various finance and risk management positions at Credit Suisse Group, and has served on the executive board of Credit Suisse Switzerland AG as its CRO for almost four years.
Robert Swaak, CEO of ABN AMRO, said in a statement: “She is a highly experienced risk manager and has a strong track record in leading complex risk projects within the financial sector in an international environment. This is of great value to our bank where she will play a central role in the bank-wide strategy with a strong focus on clients’ interests, risk management and sustainability.”
Broadridge hires Robertshaw as front office CTO
Broadridge Financial Solutions announced the appointment of Simon Robertshaw as chief technology officer (CTO) for Front Office Trading Capabilities. Based in London, he will bring together and evolve all front-office trading capabilities across the organization – both sell side and buy side – across asset classes and jurisdictions.
Jason Birmingham, global head of Engineering at Broadridge, said in a statement: “Simon’s impressive track record and his expertise in trading technology, across global markets, are an invaluable asset and will enable us to continue advancing our trading solutions for financial institutions.”
Robertshaw joins Broadridge from his previous role as chief operating officer at The Bank of London. Over the course of his career, he has held several leadership roles at UBS, Wachovia Bank, J.P. Morgan and Goldman Sachs.
Robertshaw said in a statement: “I look forward to collaborating across teams to simplify and streamline trading solutions to optimize our customers’ entire trade lifecycle.”
Kayenta taps Matt Brady to lead distribution in Americas
Hedge fund treasury technology provider Kayenta announced the appointment of Matt Brady as managing director and Americas head of Distribution, based in New York. He will oversee all distribution initiatives, working closely with the executive team to drive client acquisition and revenue growth.
Brady‘s career spans from 2000 to 2024, where he held leadership roles at Morgan Stanley, Bank of America Merrill Lynch, and Citigroup. Most recently, at Citigroup, he served as managing director in the Global Markets Division, leading sales, distribution, marketing, and strategy for the Equity Synthetics offering within the Global Financing and Prime framework.
His expertise in client diversification, platform enhancement, and product development will be instrumental in driving Kayenta’s growth in the Americas. Chris Hagstrom, CEO at Kayenta, said in a statement: “His deep industry knowledge and proven ability to expand and innovate within the financial markets will be invaluable as we continue to grow our presence in the Americas.”
Houlihan Lokey hires Canaccord’s Rhizor for Global Technology Group
Global investment bank Houlihan Lokey announced that Geoff Rhizor has joined as a managing director, based in San Francisco, Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter.
Rhizor joins the firm after spending the past six years at Canaccord Genuity, where he helped establish its West Coast technology Investment Banking practice, focusing on the software, IT services, fintech, internet, and digital media sectors.
Prior to joining Canaccord Genuity, Rhizor spent time at JMP Securities and Martin Wolf Securities, advising on M&A and financing transactions for clients in the technology sector as well.
Ryan Lund, co-head of US Technology and global co-head of Software at Houlihan Lokey, said in a statement: “The office of the CFO and social impact/nonprofit software sectors are experiencing rapid growth, and we are excited to have Geoff join our global team and continue to deepen our strong industry expertise in the software space.”
“Houlihan Lokey’s deep market relationships, especially among financial sponsors, its broad suite of services, and its client-centric culture make this a thrilling opportunity, and the Technology Group’s breadth of subsector expertise is second to none and continues to expand,” said Rhizor in a statement.