State Street Luxembourg has hired Paolo Crozzoli from PFPC as vice president, sales. He will report to Jim Clark, director, sales and marketing, for State Street in Luxembourg.
Crozzoli spent four years at PFPC, as vice president of business development. Prior to PFPC, he served for three years with the United Nations, where he was responsible for project management. He holds an MBA from Thunderbird, The Garvin School of International Management in Arizona.
Crozzoli will be responsible for promoting State Street’s offshore fund administration and transfer agency capabilities, with a particular focus on business development in Italy and Spain.
“Paolo’s rich background in international business, particularly in the Italian and Spanish markets, combined with his marketing and sales experience in the hedge fund servicing business, will make him an asset to our team,” says Tim Caverly, executive vice president of State Street’s investor services business in Continental Europe. “As State Street’s client base for fund administration and transfer agency services in Europe expands, Paolo will play an important role in solidifying and building upon our position as one of the leading investment services providers in Luxembourg.”