State Street has appointed new country heads for Germany, Luxembourg, and Switzerland to further sharpen its focus on the European market.
The firm appointed Andreas Niklaus as the head of Germany, Riccardo Lamanna as the head of Luxembourg and Dagmar Borens as the head of Switzerland.
Go deeper with GlobalData
The new hires will focus on developing business, stewarding client engagement, developing talent, and building the company’s brand and market network in their respective market.
State Street Europe executive vice-president and CEO Jörg Ambrosius said: “Our country heads are critical to our vision and path forward to being an essential partner for our clients.
“Andreas, Riccardo and Dagmar all bring significant, on-the-ground experience to their roles and are highly skilled to lead the creation and execution of an enterprise-wide growth strategy for their respective markets.”
Borens, who will lead the firm in Switzerland, has over two decades of experience in banking sector. She was most recently CEO and country head of Quintet Private Bank Switzerland.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataPrior to that, she spent 18 years at UBS and held several key roles at the firm such as group CFO for Asia Pacific in Singapore.
Borens also served as COO for the Swiss Universal Bank at Credit Suisse, overseeing strategy, IT/operations, digitalisation, banking products, and marketing.
Lamanna, who is elevated as country head of Luxembourg, joined State Street in 2010 as part of the Intesa Sanpaolo acquisition.
Most recently, he was head of Alpha Business Development for EMEA and the legal entity head and board member for State Street Global Exchange.
Niklaus, who was appointed as the country head of Germany, joined State Street in 2003 to manage the Depotbank. He successfully integrated Deutsche Bank’s Security Services business into State Street Bank International.
Niklaus served as a chief operating officer since 2006 and was most recently responsible for Global Services in Germany, Austria, Netherlands, and the Nordics.
He also led the firm’s European head of Depositary Services.
Last month, State Street teamed up with Lukka to expand digital asset fund administration capabilities for its alternative investment clients.
