State Street Corp. said it appointed Yvette Hollingsworth Clark as its new global chief compliance officer.
At State Street, Ms. Hollingsworth Clark will report to Brad Hu, global head of risk, and will be accountable to the board’s examining and audit committee.
She will oversee compliance activities globally, State Street said Monday in a statement.
Jacqueline Angell, Ms. Hollingsworth Clark’s predecessor, left her position in June after about 10 years at State Street, according to her LinkedIn profile.
State Street said Ms. Hollingsworth Clark’s background in risk compliance management and in setting up effective anti-money-laundering and compliance frameworks at global financial institutions will help it further strengthen its compliance functions.