State Street Corporation has appointed Robert Rushe as head of exchange traded products (ETP) servicing in Ireland.
Rushe (age 34) will lead State Street’s ETP servicing team and will be responsible for the overall ETP product offering for new and existing clients covering exchange traded funds (ETFs), exchange traded notes and exchange traded certificates. He joins State Street from Bank of Ireland Securities Services, where he was a key member of the team responsible for the creation of Ireland’s first ETF product in 2000.
“I am very excited to have the opportunity to join the State Street team. As one of Europe’s largest ETP service providers, State Street is in a unique position to deliver innovative, efficient and robust solutions to our clients globally,” says Rushe, who was responsible for the development of Bank of Ireland Securities Services ETF model over the past 10 years. His experience also includes fixed income investments, Shariah funds, emerging markets funds, synthetic products and multicurrency dealing.
Susan Dargan, chief operations officer for State Street Global Services in Ireland says: “Product innovation is a key ingredient in promoting Ireland’s appeal as a major financial services centre to an increasingly sophisticated international client base. Robert has played a critical role in enhancing the servicing of ETPs and this appointment further strengthens State Street’s credentials in this area.”