State Street names Alexander Vollert to board of directors 

US asset manager State Street has appointed Alexander Vollert to its board of directors. 

Vollert has worked in global financial services for more than two decades, covering technology, operations, and large-scale transformation, as per the firm. 

Before joining the board, he was group chief operating officer of AXA and CEO of AXA Group Operations.  

He had responsibility for about 10,000 employees in 18 countries, as well as data and AI, IT strategy and delivery, operations, procurement, and security. 

His previous positions include CEO of AXA Germany.  

At Allianz, he held several senior roles, including Chief Executive Officer of its German property and casualty business. 

State Street independent lead director Sara Mathew said: “Alexander’s experience leading complex global organisations through significant technological and operational change is highly relevant to the work of our Board.  

“His expertise in technology, AI and transformation, together with his international perspective, will further strengthen the range of experience represented on our Board.” 

Vollert started his career at McKinsey & Company, advising financial services clients, including asset managers, on strategy and transformation.  

He is an independent director on the board of Guidewire and a member of the management board of QuantCo. 

At State Street, Vollert will join the board technology and operations committee and the risk committee.  

State Street CEO and chairman Ronald O’Hanley said: “Alexander has spent much of his career at the intersection of technology, operations and financial services.  

“That experience will be particularly valuable as we continue to transform how State Street operates and scale the use of AI and technology across our business. He understands what it takes to turn technology into meaningful change across a large, global organisation, and we look forward to the perspective he will bring to our Board.”