State Street Corporation has appointed Neil Macdonald as head of the asset managers segment in Asia Pacific.
In the newly-created role, Macdonald would lead the firm’s engagement strategy for asset manager clients in Asia Pacific which included strategic direction, solutions structuring and would be responsible for overall growth of the segment.
Based in Hong Kong, he would report to Donna Milrod, head of global asset mangers segment and global clients division, and regionally to Mostapha Tahiri, chief executive for Asia Pacific.
Macdonald joined from KPMG where he was head of the wealth and asset management centre of excellence.
Before KMPG, he was chief operating officer (COO) of global investment solutions for JP Morgan Asset Management and COO for BlackRock’s institutional clients in Europe and the Middle East.