There's a new head of EMEA at the US-headquartered organisation that collectively oversees $3.69 trillion as of the end of September.

State Street Global Advisors, the asset management business of State Street Corp, has appointed Ann Prendergast as new head of Europe, Middle East and Africa. 

Prendergast will be taking over from Rory Tobin, who announced he was retiring in June 2023 following nine years at SSGA. 

Prendergast will report to president and chief executive Yie-Hsin Hung. She will continue to lead State Street Global Advisors Europe. In her new role, Prendergast’s responsibilities include developing and executing State Street Global Advisors’ strategic direction in Europe, ensuring continued growth in the region and providing regulatory oversight for the firm's EMEA activities. She will lead a team of about 500 professionals in the region and will remain based in the firm’s Dublin office.

Originally joining State Street in 2000 as a relationship manager, Prendergast has held several positions of increasing responsibility over the years. Most recently, she served as head of State Street Global Advisors Europe, with responsibility for the firm’s European Union-based portfolio management, distribution, product development, fund management and operations. 

At the end of September, SSGA oversaw a total of $3.69 trillion.