State Street announces Tim Heylar as head of Australia and Kevin Hardy as head of Singapore and Southeast Asia, as part of its Asia Pacific growth plan.
Based in Sydney and Singapore, Helyar and Hardy will oversee State Street's business in Australia and Southeast Asia respectively, including driving the enterprise-wide growth strategy, stewarding client engagement, developing talent and maintaining strong regulatory relationships.
The two newly created roles will report to Mostapha Tahiri, chief executive officer for Asia Pacific.
Helyar will be joining State Street next month, bringing almost two decades of experience at J.P. Morgan Investor Services to the firm and was most recently head of fund services product development for Asia Pacific at the firm. Helyar has financial services experience across securities services, superannuation and wealth management.
Hardy joins State Street next month from Additiv Asia, where he was general manager for Asia Pacific, responsible for all activities in the region including sales, relationship management and product for the Swiss-based technology provider.
Prior to this, he worked at a number of global asset managers including five years at BlackRock, nine years at Northern Trust Global Investments and four years at State Street Global Advisors. During his time with BlackRock, Hardy was Singapore country head and head of beta strategies, where he was responsible for the business in Southeast Asia, and head of exchange-traded funds and index investments for Asia Pacific.
"It is essential for us to provide clients a total solution to help them overcome challenges and grow their businesses," says Tahiri. "Our new Australia and Singapore and Southeast Asia heads will bring clients all of State Street's capabilities from investment servicing, investment research and trading, to data management and a front-to-back asset servicing platform.
“With significant, on-the-ground experience working with asset owners and asset managers in Australia and Southeast Asia, Tim and Kevin understand the unique demands of our clients in local markets. I am delighted to have such strong leaders in these two important markets as we continue to accelerate our growth in Asia Pacific."
