State Street appoints CEO and senior officers for new Saudi Arabia office

State Street appoints CEO and senior officers for new Saudi Arabia office

RIYADH — State Street Corporation announced Thursday the opening of its first Saudi Arabia office, State Street Saudi Arabia Financial Solutions Company (State Street Saudi Arabia), located here. The firm's new office in the Kingdom, providing both institutional services and asset management, will strengthen its current service offering for official institutions and institutional investors in the Middle East.“Saudi Arabia itself is a strategically important country for State Street, ” said Jörg Ambrosius, head of Europe, Middle East and Africa. “Having an office here is absolutely vital for us to fulfil our ambitious growth plans