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State Street Announces Leadership for Alpha and Enterprise Operations and Technology

  • Mostapha Tahiri has been appointed president of State Street Alpha, overseeing Alpha, Charles River Development (CRD), and innovative platform solutions while reporting to CEO Ron O'Hanley.
  • Tahiri will hold end-to-end responsibility for Alpha & CRD's go-to-market, product strategy, technology, & client delivery to accelerate growth & transform the operating model.
  • Tahiri will also serve as chairman of Asia Pacific, leveraging his extensive experience in the region to oversee business relationships with key clients, regulators, & strategic partners.
  • Ann Fogarty has been named enterprise chief operating officer, succeeding Tahiri in that role, and will lead enterprise technology, operations, & the firm's AI agenda.
  • Fogarty will co-lead the enterprise transformation program with CFO John Woods to accelerate innovation, increase scale & efficiency, reduce cycle times, & strengthen quality outcomes.
  • Both appointments are effective as of today, November 13, 2026, & both executives will continue serving on State Street's Executive Committee.
  • State Street Corporation reported $57.9 trillion in assets under custody/administration & $6.3 trillion in assets under management as of June 30, 2026.