US - State Street Corporation has promoted Jay Hooley from vice chairman and head of global investment servicing, trading and research businesses to president and chief operating officer.
Logue said: "Jay is a proven leader with a strong knowledge of our industry and the trends shaping its future. He has made a significant impact to our past success and I have no doubt as president of State Street he will have an equally profound impact on our future."
Since joining State Street in 1986, Hooley has held a number of leadership positions with the company.
In other news, Steven Blackie has joined Mercer as a principal and senior investment consultant in its Edinburgh office.
Blackie joined from Aon Consulting where he was commercial director for Scotland and head of Aon's Scottish Practice.
Blackie is set to take over the role from Anne Kershaw, who would continue to focus on delivering advice to some of Mercer's largest clients.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.