State Street names Head of Asia-Pacific

State Street Corporation has announced that Ian Martin, a 25-year State Street veteran, has been named head of Asia-Pacific in addition to his current responsibilities as head of Global Services in the region.

Commenting on Martin's experience, Andrew Erickson, head of Global Services worldwide, said: "Ian has led the majority of State Street's businesses in the region throughout his career including investment servicing, trading and research within Global Markets, and our data and analytics businesses."

He added: "With his knowledge and experience across our businesses, I am very confident that Ian will build further on our business growth in Asia-Pacific by delivering high quality solutions and services."

Martin, who will continue to be based in Hong Kong, succeeds Wai-Kwong Seck who, after eight years in the role, has decided to pursue other opportunities, the firm said.