State Street Corporation has appointed Marie Chandoha to its Board of Directors as a director.
Chandoha brings a wealth of diverse financial services experience and knowledge gained throughout her more than 35-year career. Most recently she was CEO of Charles Schwab’s Investment Management division (CSIM) where, during her eight-year tenure, she transformed the business to support the company’s broader corporate strategy. During her tenure she established a leadership team, built a scalable operational platform and implemented a successful distribution and marketing strategy which doubled the firm’s assets under management.
“We are delighted to welcome Marie to our board,” says Amelia Fawcett, lead director. “She is a richly experienced global leader with a track-record of successfully developing and implementing strategy to meet key objectives, as well as having a keen understanding of the regulatory environment. Marie has great knowledge of the asset management industry as well as extensive experience in positions of governance and oversight. I know State Street will benefit from the valuable insight and counsel that she will bring to our board.”
Prior to leading CSIM, Chandoha was global head of Fixed Income Business at Barclays Global Investors (acquired by BlackRock in 2009). In this role she led the global bond business comprising index, institutional active, ETF, and alternatives products. During this time Chandoha led a focus on commercialisation, innovation, and new product development and was credited with helping to grow assets under management by more than $100 billion between 2007 and 2010. Before entering asset management, Chandoha held other roles in financial services, including leading the global fixed income and economics research team at Credit Suisse and as a senior bond strategist at Goldman Sachs.
