NYSE listed asset management company state street corporation announced the appointment of terry dempsey As head of operations in Ireland.
Dempsey takes his place. Tadhg YoungHe recently became head of State Street’s global client division and is currently based in Boston.
She will oversee service delivery and strategy for all of State Street’s businesses in Ireland and will report to the Executive Vice President. quan coulter.
State Street is Ireland’s largest provider of money management and custody services, servicing $1.7 trillion of assets across all asset classes.
Dempsey joined State Street and held a number of senior positions at the company.
Most recently, he served as Head of the Global Delivery Operations Group and Interim Head of State Street Funds Services (Ireland) Limited.
She has worked in the Irish financial services industry for over 25 years and State Street said she “brings deep operational, governance and management experience to her new role”.
Commenting on the appointment, Coulter said: “Terry’s outstanding leadership skills, extensive knowledge of the Irish market and deep-rooted expertise in the financial industry will deliver unparalleled value to our clients and stakeholders. This is completely consistent with our efforts.”
“We look forward to continuing to work with Terry in his expanded responsibilities and driving the Irish business to even greater success.”
Mr Dempsey commented: “I look forward to leading the talented team we have built as we continue to deliver innovative solutions to the financial services industry that have defined our strategy for many years.
“I am excited to continue contributing to a culture that fosters collaboration and a commitment to excellence as we help our clients around the world.”
State Street operates in 100 markets around the world, employs 42,000 people and managed $3.7 trillion in assets as of September.
Photo: Terry Dempsey. (Photo: included)