State Street Corporation has appointed Michele Hardeman as head of global markets for Asia-Pacific, effective immediately.
In her new role, Hardeman will be responsible for the strategic direction, sales, service and operations of the global markets business in the Asia-Pacific region.
Hardeman will report to Wai-Kwong Seck, CEO for Asia-Pacific at State Street, and Lou Maiuri, global head of global markets at State Street.
Hardeman, who has relocated to Hong Kong from Boston, previously served as head of foreign exchange sales for State Street global markets.
She joined State Street in 1998 and was head of FX sales for Australia prior to her move to Boston in 2011, where she took on the same position for the Americas. She became global head of FX sales in 2015.
Commenting on Hardeman’s new role, Seck said: “Michele Hardeman has more than 20 years of experience in capital markets across Australia and the US. Her global experience and deep understanding of the challenges clients face will enhance our global markets capabilities in the region.”
Hardeman added: “Investors are always challenged with the need to generate and preserve alpha in the current market environment, where interest rates are rising, volatility is increasing and many asset classes are getting expensive.
She said: “Our proprietary indicators and research can help clients in the Asia-Pacific region to navigate global markets to improve investment returns and minimise risk. I am excited to return to the Asia-Pacific region to lead State Street Global Markets as we grow and broaden our capabilities and client base in the region.”
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