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State Street strengthens asset owner business with senior appointment

News Team, 15/01/2021

State Street Corporation (State Street) has appointed Benjie Fraser as regional segment head for asset owners in Europe, the Middle East and Africa (EMEA).

Mr Fraser will work closely with Babloo Sarin, asset owner segment head for APAC, and Rob Baillie, North America asset owner segment head, to ensure strategies are aligned at a global level while also being tailored at a local market level across the EMEA region.

Prior to joining State Street, Mr Fraser led the global pensions business at JP Morgan. With more than 15 years of industry experience, he is an active leader and a regular speaker on industry topics including ESG and trends in public funds. Prior to J.P. Morgan, Mr Fraser worked for both State Street and BNY Mellon.

Ian Martin, executive vice president and global head of asset owners said: “We are very pleased to welcome Benjie back to State Street to help build on the strong foundation we have in place for asset owners. His experience and industry leadership will be vital as we continue to drive sustainable revenue growth, achieve greater diversification of asset classes and foster deeper relationships with clients in EMEA.”

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