State Street appoints co-heads of Emea global services

Ambrosius and Fontaine have worked at the US bank for more than a decade

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Global franchise: the Emea region is a key contributor for State Street, says Liz Nolan

Jörg Ambrosius and Mike Fontaine have been promoted to co-heads of global services for Europe, the Middle East and Africa at State Street.

The two men step into the posts vacated by Susan Dargan, who recently left the bank, and Liz Nolan, who has taken up the role of Emea chief executive.

Ambrosius and Fontaine will report to both Nolan and Andrew Erickson, head of global services worldwide.

Ambrosius, who joined State Street in 2001, will continue to be based in Munich. In his new role, he

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