State Street appoints new Luxembourg country head

Riccardo Lamanna has been appointed country head of State Street in Luxembourg. He joined the corporation in 2010 as part of the Intesa Sanpaolo acquisition.

Lamanna will be in charge of business development, stewarding client engagement, developing talent, and building the company’s brand and market network, in addition to maintaining strong and proactive regulatory relationships, State Street said in a statement on Wednesday. He will succeed Eduardo Gramuglia Pallavicino.

Prior to the appointment, he was the head of Alpha Business Development for the EMEA region, and legal entity head and board member for State Street Global Exchange.

“I’m happy and honoured to lead State Street business in Luxembourg, the place where many of our clients have decided to run large business operations and manufacture investment solutions to be distributed across many different jurisdictions in Europe and in other regions,” Lamanna said. “It is the expertise built in the market throughout many decades and the strong trademark of Luxembourg regulated and unregulated products that our clients continue to value and benefit from. I look forward to further strengthening State Street’s leadership position as a provider of investors services in Luxembourg thanks to its products span, quality of service and expertise.”