State Street Corporation Names John Plansky as Global Head of State Street Global Exchange
January 04, 2017 at 11:30 am
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State Street Corporation announced that John Plansky will be named global head of State Street Global Exchange. In this role, Plansky will be responsible for global strategy, new product development and developing solutions for clients that help them manage increasingly complex data, search for better performance, focus on attracting assets and meet heightened risk challenges. Plansky will report to Executive Vice President Lou Maiuri. Plansky joins from PricewaterhouseCoopers (PwC) where he led the US Strategy business and US Global Platforms business and was a member of the Advisory Financial Services Leadership team. Prior to the acquisition of Booz & Co. by PwC, Plansky was a senior partner at Booz & Co. leading the Technology practice and serving as a senior advisor to global financial institutions such as State Street. Prior to joining Booz & Co., he was CEO of NerveWire and led its sale to Wipro where he subsequently led their global capital markets business. John has a degree in Biophysics, BS from Brown University.
State Street Corporation is a financial holding company organized around 2 areas of activity:
- investment services (83.1% of net sales): services intended mainly to mutual funds, collective investment funds, corporate and public retirement plans, insurance companies and foundations. The group provides services including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics;
- investment management (16.9%). State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income.
The United States accounts for 55.1% of net sales.