ECB appoints Claudia Mann as Director General Statistics
The Executive Board of the European Central Bank (ECB) announced the appointment of Claudia Mann as Director General Statistics. In her new role, she will lead the Directorate General Statistics and steer the management and governance of data at the ECB to meet user demands in a digital and globalized world characterized by rapid financial innovation.
Mann has been Director of Internal Audit since 2018 and was previously Deputy Director General Finance. Before joining the ECB in 2016, she held managerial roles at Deutsche Bank and KPMG. The Directorate General Statistics provides statistical products, services and a wide range of data to inform monetary policy and supervisory decisions at the ECB and to serve the general public.
State Street announces organizational shake-up
State Street announced that Louis Maiuri, president and chief operating officer and head of Investment Services, will retire from State Street by early 2024. Effective January 1, 2024, Ron O’Hanley, chairman and chief executive officer will assume the office of the president (in addition to his current roles as chairman and chief executive officer) and responsibility for Investment Services, State Street’s largest business.
Mostapha Tahiri, currently head of Asia Pacific, Middle East and North Africa, will become State Street’s chief operating officer. Since 2020, Tahiri has worked in State Street’s Asia-Pacific franchise to achieve sustainable growth. In April 2023, he added responsibilities as head of Middle East and North Africa. Tahiri has more than 25 years of experience in the asset management and investment services business.
Investment Services client facing activities will be further consolidated under Joerg Ambrosius, executive vice president and chief commercial officer. In line with his role as chair of State Street International Holdings, Ambrosius will also assume full responsibility for State Street’s international organization.
Tahiri, Ambrosius, Donna Milrod, executive vice president and chief product officer, and John Plansky, executive vice president and head of State Street Alpha, will report directly to O’Hanley. These organizational model changes will position State Street’s Investment Services business for long-term success, as it executes on its strategy, accelerates revenue growth, and continues to deliver for clients and shareholders.
O’Hanley said in a statement: “We will miss Lou’s contributions to State Street. His accomplishments were achieved with a strong team of executives. This group of executives will continue to execute and deliver upon our Investment Services strategy and our financial goals. Together with the other business leaders, including Eric Aboaf, vice chairman, chief financial officer and head of our Markets and Financing business, and Yie-Hsin Hung, president and chief executive officer of State Street Global Advisors, I am confident that we continue to have an industry leading team that can achieve our strategic goals and deliver value to our clients and investors.”
Kelly Bliss appointed to New York Fed’s Second District Advisory Council
The Federal Reserve Bank of New York announced the appointment of Kelly Bliss to the Second District Advisory Council, which is comprised of senior business leaders and provides the New York Fed president and leadership with high-level insights about business and economic conditions in the district.
Bliss is the president of US Group Health at Teladoc Health, a telemedicine and virtual healthcare company. She oversees the company’s US group business growth, strategy, and client and commercial operations. Previously, she was the chief client officer at Teladoc Health. Earlier, she held executive roles at various health and health tech organizations, including serving as chief of staff for Best Doctors, a company acquired by Teladoc in 2017.