State Street appoints global exchange head for EMEA

State Street Corporation has appointed David Pagliaro as head of its Global Exchange for the EMEA region.

Pagliaro joins State Street following a nine-year stint at S&P Capital IQ where he held a number of roles, most recently as global head of S&P credit solutions.

Prior to this he was global head of corporate and commercial lending as well as a senior director for S&P’s EMEA fixed income solutions.

Pagliaro will be based in London and will report to John Plansky, global head of State Street Global Exchange and Liz Nolan, co-head of global services for EMEA.

“We are delighted to welcome David to our EMEA team,” said Nolan.

“His wealth of experience across multiple segments of the financial industry will further strengthen our EMEA offering as we continue to grow our presence in this region.”

In addition to Pagliaro’s appointment, James Lowry, the former head of Global Exchange for EMEA, will now lead Global Exchange for North America as well as its innovation and advisory solutions team.

Lowry will also report to Plansky.

“We launched Global Exchange, our data and analytics arm, four years ago, recognising that the industry and our own business is evolving to become data-led,” said Plansky.

“The demand for Global Exchange’s services and data has rapidly increased during this time, driven by factors including low return, the growth of passive and regulation among others.”