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State Street expands management team

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By Reporter
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2 minute read

State Street has appointed two new members to its strategy and policymaking management committee.

Wai Kwong Seck and Gunjan Kedia have been appointed to the financial services firm's management committee.

Mr Seck was promoted from his position as head of State Street’s global services and global markets business in the Asia Pacific.

Ms Kedia, before being promoted, was head of the company’s investment servicing capabilities in the Americas for mutual fund, insurance and institutional clients.

“These promotions to our senior-most leadership team reflect the considerable contributions [Mr Seck] and [Ms Kedia] have made to the success of our business,” State Street chief executive Jay Hooley said.

“With their diverse backgrounds and global expertise, they provide an excellent complement and range of skills to our management team.”

Before joining State Street in 2011, Mr Seck was the chief financial officer of the Singapore Exchange for eight years.

“[He has also] previously he held senior-level positions in the Monetary Authority of Singapore, the Government of Singapore Investment Corporation, Lehman Brothers and DBS Bank,” a statement from State Street said.