Financial services provider State Street announced the appointment of Jessica Donohue as its new Head of Global Investment Insights, Sustainability, and Impact, with responsibility for overseeing the firm’s sustainability efforts with a focus on delivering insights to clients and the industry.
She is succeeding Rick Lacaille, who was appointed to the newly created role in 2020, responsible for providing enterprise-wide leadership of the company’s Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More solutions, services and thought leadership across all of State Street’s businesses, after serving as global CIO for the company’s investment management arm, State Street Global Advisors (SSGA). Lacaille announced his retirement earlier this year
Prior to her new role, Donohue held senior roles at State Street for over 20 years, including serving as Head of Investor Behavior Research at State Street Associates, Chief Innovation Officer and Head of Advisory and Information Solutions for Global Exchange (now State Street Alpha), and head of Performance & Analytics for Investment Services.
Donohue will report to Lou Maiuri, State Street President, Chief Operating Officer, and Head of Investment Services.
“Being a strategic and trusted partner to our clients to meet their complex and changing needs requires us to continue to evolve our investment-related thought leadership and solutions. Jessica’s background in research and investment-related insights, coupled with her deep understanding of clients’ unique challenges and the market overall is precisely what our clients need as we continue to deliver as their essential partner.”
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The post State Street Appoints Jessica Donohue to Oversee Sustainability appeared first on ESG Today.