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State Street names Europe client services head

UK – State Street Corp. has named Wade McDonald as head of client services in Europe and the UK.

It said McDonald would be senior vice president and head of client services in the UK, northern Europe, South Africa and the Middle East region.

“In this new role, McDonald will lead client development efforts for State Street’s clients across the region,” State Street said. “He will focus on State Street’s strategic client relationships, and ensure continued enhancement of client service standards.”

He will report to Jeff Conway, head of State Street Investor Services in the area. A spokeswoman said Martha Whitman remains head of relationship management for State Street’s investor services business in the UK.

“Wade’s strong relationship management skills, coupled with his market knowledge and expertise will augment our team of professionals here in the UK,” said Conway. “As we continue to win new mandates and expand our client base throughout Europe, keeping abreast of our new and existing clients’ changing needs is important.”

The Boston-based group said that McDonald, 42, joins after 11 years with J P Morgan Chase where he was business development manager for its asset manager solutions group.

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