State Street appoints new heads Grossman and Jones
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State Street appoints new heads Grossman and Jones 01 March 2023US Reporter: Carmella Haswell
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State Street has welcomed the promotions of Chelsea Grossman and Cassandra Jones.
Based in Boston, Grossman becomes head of client management for the firm’s agency lending business in North America.
Jones is promoted to head of client management for securities finance in the UK and EMEA, based in London.
Both heads will report to Francesco Squillacioti, global head of client management for State Street’s securities finance business.
In the role, Grossman and Jones will oversee client services for the securities finance division. They will ensure the delivery of high-quality service levels across financing solutions and will grow the business footprint in their respective region.
Grossman has been a member of the securities finance client management team at State Street since 2010. She previously led the business development and client management for the Canadian client base.
In Toronto, Grossman was responsible for sales efforts and existing customer management across securities finance.
Jones takes on her new role after serving as EMEA head of business development for State Street’s collateral and financing solutions.
She joined the firm’s Professional Development Program (PDP) in 2015 and spent more than six years in the funding and collateral team, helping to establish the analytics team, aiding balance sheet optimisation efforts, as well as leading business development to establish new client relationships.
Commenting on the appointments, Squillacioti says: “I am excited to work with Cassie and Chelsea in their new roles, and for their level of energy and commitment to client service excellence.
“I am also gratified to see two talented members of the team rising through the ranks into key positions.”
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