State Street Announces Appointment of Prendergast as Head of Emea Funds Business

Ann Prendergast, who has been with State Street Global Advisors for 23 years, has been named the new head of the company’s business across Europe, the Middle East, and Africa. Prendergast succeeds Rory Tobin, who retired in June after nine years at the asset manager.

In her previous role, Prendergast oversaw portfolio management, distribution, product development, fund management, and operations across the EU. She was recognized as one of Financial News’s 100 most influential women in finance this year. With her new Emea role, State Street’s fund management business now has two women in top leadership positions.

State Street Global Advisors president and chief executive Yie-Hsin Hung expressed confidence in Prendergast’s abilities to lead a team of approximately 500 staff across Emea. Hung cited her deep industry knowledge, strong client orientation, regulatory experience and leadership strengths as reasons for her selection. This new appointment comes as State Street Global Advisors continues to make strides in the asset management industry.