Mostapha Tahiri
State Street has announced that Mostapha Tahiri, Asia Pacific chief executive officer, will take on additional responsibilities to lead the company’s Middle East business, effective immediately.
Tahiri will serve as head of the Middle East along with his current responsibilities for the Asia Pacific region. In his expanded capacity, Tahiri will be responsible for all business activities for the Middle East and Asia Pacific regions, including driving strategy, increasing client engagement, developing talent, pursuing growth opportunities, and managing diverse stakeholders including local officials and regulators.
Based in Singapore, Tahiri will continue to report dually to Andrew Erickson, chief productivity officer and head of International Business, and Lou Maiuri, president, chief operating officer and head of Investment Services.
“As we continue to execute our strategy to be an essential partner to institutional investors, it is critical that we continue to look for opportunities to drive growth,” said Maiuri. “The Middle East is an important market for us to grow our global business.”
“Since Mostapha joined State Street in 2020, he has proven his leadership by successfully transforming and growing our Asia Pacific franchise,” said Erickson. “Mostapha’s extensive business development and expansion experience in emerging markets, complemented by his broad segment knowledge makes him uniquely suited for this role.”
“Similar to Asia Pacific, the Middle East is a growth engine for State Street,” Tahiri said. “Building on our 30-year presence and on-the-ground service in the Middle East, I am excited to work with our teams and partners to support our clients achieving their objectives and accelerating their growth.“
Prior to joining State Street, Tahiri worked in numerous leadership positions at BNP Paribas for 20 years, including Asia Pacific chief executive officer of BNP Paribas Securities Services.