State Street Global Advisors (SSGA), the asset management business of State Street Corporation, has announced the appointment of Malcolm Smith, to the newly created role, Global SPDR chief operating officer. He will be based in London and report to Rory Tobin, co-head of Global SPDR business. SSGA is a provider of exchange traded funds, with $452 billion in assets under management.
Prior to joining State Street Global Advisors, Smith was interim Global COO in the Global Investments and Solutions division at Barclays Wealth and Investment Management. Smith will be responsible for leading, managing and developing all aspects of the operating infrastructure for the global SPDR ETF business.