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State Street Corporation (NYSE: STT) announced today the appointment of David Pagliaro to the role of head of State Street Global ExchangeSM for Europe, the Middle East & Africa (EMEA). Based in London, Pagliaro will report to John Plansky, global head of State Street Global ExchangeSM and Liz Nolan, co-head of Global Services for EMEA.

Pagliaro has nearly two decades of professional experience in financial services. Prior to joining State Street, the most recently worked for S&P Capital IQ for nine years. During this time, he held a number of roles, most recently global head of S&P credit solutions, where he managed a number of responsibilities including the commercialisation of research, data and analytics across the Americas, Asia-Pacific and EMEA. Before this, he was global head of corporate and commercial lending at the firm; and prior to this, senior director for its EMEA fixed income solutions.

Commenting on the appointment, Nolan said, “We are delighted to welcome David to our EMEA team. His wealth of experience across multiple segments of the financial industry will further strengthen our EMEA offering as we continue to grow our presence in this region.”

[easy-tweet tweet=”The demand for Global Exchange’s services and data has rapidly increased ” hashtags=”Fintech, Data”]

Plansky added, “We launched Global Exchange, our data and analytics arm, four years ago, recognising that the industry and our own business is evolving to become data-led. The demand for Global Exchange’s services and data has rapidly increased during this time, driven by factors including low return, the growth of passive and regulation among others.”

James (JR) Lowry, who most recently held the role of EMEA head of Global Exchange, will return to Boston to lead Global Exchange for North America and Global Exchange’s Innovation and Advisory Solutions team. He will also oversee State Street Associates® (SSA), the academic affiliate of State Street whose partners include renowned academics from the Harvard Business School, Massachusetts Institute of Technology’s (MIT) Sloan School of Management and Boston College. Lowry – who will report to John Plansky – will be returning to Boston in July after a comprehensive handover.

About State Street

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 $29.83 trillion in assets under custody and administration and $2.56 trillion* in assets under management as of March 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 www.statestreet.com