State Street Global Advisors (SSGA), an asset management affiliate of State Street Corp, has elevated Greg Ehret to the role of President, according to a recent Reuters report.

Mr. Ehret previously served as the executive vice president and global chief operating officer of State Street Global Advisors (SSGA), part of a two decade long career at State Street Global. Additional senior roles at the group include a stint as its co-Head of Exchange-Traded Funds (ETFs).

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He has also previously served as a member of SSGA’s Executive Management Group and is a member of the board of multiple SSGA operating entities and fund companies. In his new role as the President of SSGA, Mr. Ehret will be reporting to the group’s Chief Executive Ron O’ Hanley, where he will be based out of London.

State Street Global Advisors (SSGA) is the investment management division of State Street Corporation and is the world’s second largest asset manager. The company services a wide range of financial clients catering to both institutional clients and the retail market in the United States, Europe, Asia, and Australia.

Last month, State Street secured the services of John Schoen as its newest Managing Director of Product Development at its foreign exchange (FX) platform, Currenex.