Lochiel Crafter Appointed Head of Investments
22 September 2010 Sydney
Image: Shutterstock
State Street Global Advisors (SSgA), the investment management business of State Street Corporation (NYSE: STT) has announced the appointment Lochiel Crafter as head of investments for Asia-Pacific.
Crafter's newly-created role reflects the importance of Asia-Pacific to SSgA's growth strategy, as well as its strong commitment to adding senior talent to the region where they can respond quickly and anticipate the needs of clients.
Crafter will have oversight of the investment teams in Sydney, Hong Kong, Tokyo and Singapore and is responsible for ensuring coordination across asset classes on common issues of investment processes, research, trading, and developing client-focused solutions. He will also manage local product engineering teams and work closely with sales and relationship management.
"Lochiel brings a wealth of experience in Asia-Pacific, a deep understanding of this region both from an investment and regulatory perspective, and a strong background in the asset classes and products we're focusing on," said Bernard Reilly, senior managing director and head of SSgA's business in Asia Pacific. "We're pleased to welcome him back to SSgA and are confident that he will help to enhance our responsiveness to clients in terms of their current and future investment needs."
Crafter joins SSgA from the Australian Reward Investment Alliance (ARIA) where he was the chief executive officer, based in Sydney. He previously spent seven years with SSgA, most recently as Singapore-based regional chief investment officer for Asia Pacific where he made significant contributions to SSgA's international growth efforts. Crafter will be based in Sydney and will travel regularly throughout Asia-Pacific.
Crafter's newly-created role reflects the importance of Asia-Pacific to SSgA's growth strategy, as well as its strong commitment to adding senior talent to the region where they can respond quickly and anticipate the needs of clients.
Crafter will have oversight of the investment teams in Sydney, Hong Kong, Tokyo and Singapore and is responsible for ensuring coordination across asset classes on common issues of investment processes, research, trading, and developing client-focused solutions. He will also manage local product engineering teams and work closely with sales and relationship management.
"Lochiel brings a wealth of experience in Asia-Pacific, a deep understanding of this region both from an investment and regulatory perspective, and a strong background in the asset classes and products we're focusing on," said Bernard Reilly, senior managing director and head of SSgA's business in Asia Pacific. "We're pleased to welcome him back to SSgA and are confident that he will help to enhance our responsiveness to clients in terms of their current and future investment needs."
Crafter joins SSgA from the Australian Reward Investment Alliance (ARIA) where he was the chief executive officer, based in Sydney. He previously spent seven years with SSgA, most recently as Singapore-based regional chief investment officer for Asia Pacific where he made significant contributions to SSgA's international growth efforts. Crafter will be based in Sydney and will travel regularly throughout Asia-Pacific.
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