Exclusive: Hovey to leave State Street 03 December 2015 London Reporter: Drew Nicol
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Ian Hovey, head of Europe, the Middle East and Africa (EMEA) product development at State Street, is set to retire at the end of the year, according to multiple sources.
Hovey ran the securities lending product for Morgan Grenfell Asset Management, which later became Deutsche Asset Management.
He moved to State Street when the bank acquired the Deutsche Bank Global Securities Services businesses. He has been in the securities lending business for more than 20 years.
State Street said it does not comment on individual employees as a matter of corporate policy.
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