Cornelia Keth, a GC Legend who joined BNY Mellon from BHF Asset Servicing when the business was bought last year by the global custodian, has been hired by State Street as head of sales and account management.
Keth has been in the role since January 1 this year, although her appointment was not officially announced by State Street until this week. According to the firm, she will head State Streets outsourcing business in Germany.
She was most recently in charge of sales & relationship management, marketing and network management at BHF Asset Servicing, and has held key positions in custody and fund administration spanning the past 20 years. She has also worked for Dresdner Bank and Deutsche Bank.
We are pleased Cornelia chose to join State Street, says Jrg Ambrosius, managing director of State Street in Germany. State Street is the market leader in depotbank and KAG outsourcing in Germany and we are focused on keeping this position. With Cornelias expertise in this area we are committed to further expanding our outsourcing business at an even more dynamic rate.