US funds giant State Street has promoted Lou Maiuri, its head of global markets and exchange businesses, to the role of chief operating officer.
Maiuri fills the position left vacant last year when State Street chief operating officer Ron O’Hanley was promoted to the position of global president and chief executive.
In his new role Maiuri will have responsibility for State Street’s IT, global delivery, global exchange, Charles River Development and product teams.
Prior to rejoining State Street in 2013, Maiuri held various roles at BNY Mellon including deputy chief executive of asset servicing, head of the global financial institutions group within the asset servicing business and also as a member of the operating committee.
Earlier in his career, Maiuri held the roles of chief operating officer and chief executive of Eagle Investment Systems LLC and worked at Fidelity Investments in both the fixed income and equity investments divisions.
More than two decades ago he served as a vice-president in technology at State Street.
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