State Street appoints head of global investment insights and sustainability

State Street Corporation has appointed executive vice president Jessica Donohue as head of global investment insights, sustainability and impact.

She would succeed Rick Lacaille, who announced his retirement earlier this year, and would report to Lou Maiuri, president, chief operating officer, and head of Investment Services.

In this role, Donohue will oversee the firm’s sustainability efforts with a focus on delivering insights to its clients and the industry.

She would also lead and coordinate across State Street’s Investment Services and the broader organisation to bring together investment insights and solutions to deepen relationships, particularly with Chief Investment Officers at the firm’s client organisations.

Donohue has held a variety of senior roles for more than two decades with State Street including leading Investor Behavior Research at State Street Associates, the company’s partnership with academia, and then expanding her role to head this group.

She also served as Chief Innovation Officer and Head of Advisory and Information Solutions for Global Exchange (now State Street Alpha) and head of Performance and Analytics for Investment Services. Most recently, she was the global head of State Street’s Asset Owner segment.

“Being a strategic and trusted partner to our clients to meet their complex and changing needs requires us to continue to evolve our investment-related thought leadership and solutions,” Maiuri commented.

“Jessica’s background in research and investment-related insights, coupled with her deep understanding of clients’ unique challenges and the market overall is precisely what our clients need as we continue to deliver as their essential partner.”