State Street Corporation (NYSE: STT) has announced its latest senior appointment, this time strengthening its team with the addition of David Pagliaro as its newest Head of State Street Global Exchange for Europe, the Middle East & Africa (EMEA).
In this capacity, Mr. Pagliaro will be based out of London and will be reporting to John Plansky, Global Head of State Street Global Exchange and Liz Nolan, Co-Head of Global Services for EMEA. The appointment of Mr. Pagliaro represents the latest role for the twenty-year veteran, who has held several senior roles at leading venues.
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The move is an important stroke for State Street as it looks to fortify its EMEA offering and develop its market penetration in Europe. Mr. Pagliaro joins State Street Global Exchange from Standard & Poor’s Capital IQ, having worked for over nine years at the group. He originally landed at the group back in 2006 as its Director of Market Development, a position that saw him promoted to Commercial Director and Structured Finance Analytics.
More recently, he worked as its Regional Director Fixed Income Solutions for EMEA, with additional roles as Managing Director and Global Head of Credit Solutions, according to information made public on his Linkedin profile.
According to Ms. Nolan in a statement regarding the appointment: “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.”
“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,” explained Mr. Plansky in an accompanying statement.