State Street, the US-based financial services giant, announced on Monday that Simona Stoytchkova joins the company as Head of Global Markets Europe, the firm’s securities division. According to the press release, the executive comes from IG Europe, where she served as Managing Director and Country Head in Germany and the Netherlands.
In a statement published on her LinkedIn Profile, Stoytchkova said: “I am very excited to join State Street as Head of Global Markets Europe, a dynamic and growing business, and very much look forward to working with our clients and colleagues across Europe to ensure that we continue to evolve and meet our businesses‘ growing needs in this fast-changing and developing market.” She is currently based in Frankfurt, Germany.
Prior to her role at IG Europe, where she was a member of the board, Stoytchkova worked as Global Head of Electronic Trading Sales and Prime Clearing Services at Baader Bank AG and held some directive roles for almost seven years during her tenure at Société Générale. Furthermore, the new Head of Global Markets Europe was an employee of major banks such as Deutsche Bank, Morgan Stanley, and now-defunct Lehman Brothers.
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Stoytchkova earned a Bachelor of Business Administration from the London South Bank University and completed a Capital Markets Programme of UK Financial Regulation and Securities in The Chartered Institute for Securities & Investment.
Recent State Street Appointments
Her appointment comes weeks after State Street tapped new country heads for the company’s three key European markets: Germany, Luxembourg and Switzerland. The firm appointed Andreas Niklaus as the Head of the German market. In addition, Riccardo Lamanna has been chosen to be the Head of Luxembourg and Dagmar Kamber Borens as the Head of Switzerland.
The selected individuals will be responsible for the business development and expansion of State Street’s brand awareness in their respective regions. Additionally, the company is planning to maintain solid and proactive regulatory relationships in the mentioned European markets.