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People moves news

Banerrji to lead State Street in India


04 October 2023 India
Reporter: Lucy Carter

Generic business image for news article
Image: State Street
State Street Corporation has appointed Arindam Banerrji as India country head. He will report to Lou Maiuri, president, chief operating officer and head of investment services.

In the Bengaluru-based role, Banerrji will be responsible for the growth and transformation of the firm鈥檚 operations in India.

Banerrji has almost four decades of industry experience and joins State Street from Wells Fargo, where he spent more than five years as an executive vice president and managing director for India and the Philippines. Prior to this, he was a partner at EY.

Earlier in his career, Banerrji spent 12 years with Deutsche Bank. He held a number of roles at the firm, including managing director and head of global service centres. Before this, he was a vice president at J.P. Morgan for more than a decade.

Commenting on the appointment, Maiuri says: 鈥淚ndia has been an epicentre for our delivery operations for nearly two decades and will continue to play an important role in supporting our clients globally.

鈥淎rindam鈥檚 significant depth and breadth of expertise, including diverse, cross-functional and global experiences, coupled with his deep understanding of the financial services sector, will help us enable productivity and transformation across our operations in India.鈥

Banerrji adds: 鈥淚 am looking forward to working with a talented team of professionals to help us deliver maximum impact to our global clients and business.鈥
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