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March 3, 2020

State Street appoints new global head of cash business

By Asena Degirmenci

State Street Global Advisors has appointed Kim Hochfeld as a senior managing director and global head of the firm’s cash business within the Global Institutional Group

Hochfeld will join the firm in Q1 2020. She will be based in London and report to Smith.

In her recent role at Morgan Stanley, she served as managing director and head of liquidity distribution for EMEA and Asia.

With over 25 years of experience, responsibilities for the new role include, all client-facing activities including sales, strategy, operations and services on behalf of the firm’s cash management client base across the Americas, EMEA and Asia Pacific.

Hochfeld will lead a global, cross regional sales team to market and grow State Street Global Advisors’ global institutional cash management products and solutions to corporate treasury departments, financial intermediaries as well as other institutional cash investors and players.

State Street Global Advisors chief operating officer, Global Institutional Group, Barry Smith, said: “Kim joins a strong team of professionals in our global cash business and we are delighted to welcome her to the firm.

“She is a seasoned professional who brings excellent experience and a very strong track record. I am confident that Kim’s leadership will help us build on the terrific growth we have seen in the business and I know she will deliver great outcomes for our clients, the team and our broader stakeholders.”

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