State Street Corporation has appointed Jason Rich as head of Singapore and Southeast Asia to take over from Kevin Hardy, who is leaving the US custodian bank after three years.
Rich has worked at the bank since 2019 and is currently head of sales for Asia, a role that he will keep on top of his new position, which is effective January 1 next year, a State Street spokesperson tells Asia Asset Management.
She says Hardy is leaving to “pursue other opportunities”.
Hardy joined State Street from Swiss financial firm additiv in November 2021. He is also the founder of Red Oak Advisors, a business consulting firm in Singapore.
Boston-based State Street had US$44.3 trillion of assets under custody and/or administration as of June 2024.
