Kim Newell is an executive vice president and head of State Street Global Markets Europe, Middle East and Africa based in the London office. The role is focused on client and product development initiatives for the region, as well as State Street’s response to evolving risk and regulatory demands. Kim is a member of the European Management Committee for State Street and a Director of State Street Bank Europe Limited, SS GCM Clearing Nominees Ltd and State Street Services (UK) Limited.
Prior to her current role, Kim was the EMEA Global Markets Chief Operating Officer. She was responsible for all onboarding, middle and back office support including developing and monitoring the business plan and budget and driving ongoing improvements in the operating model. Kim oversaw the product development and process controls surrounding regulatory changes affecting SSGM EMEA and working across the organisation to ensure efficient and effective approaches and adoption to these changes. Kim was responsible for conducting periodic business reviews ensuring associated risks were identified and managed as well as appropriate remedial action being developed and tracked. She also had to ensure the group complied with all regulation, internal policies and escalation procedures.
Kim was previously senior vice president and head of the Office of Controls, Culture and Governance (OCCG) based in the London office of State Street. The role of the OCCG is to foster and maintain business practices and controls that are consistent with a culture of excellence, high ethical standards and strong commitments to our employees, customers and regulators. The OCCG plays a facilitation role in driving enhancements to business practices that are ultimately owned by the businesses and control functions. Under her leadership the OCCG focused on driving and influencing change across State Street UK to implement a strong culture of control that reflects and exceeds industry best practice.
Prior to her London roles, Kim was a senior managing director and head of US Account Management for the Securities Finance division of State Street. In this role she oversaw the relationship management and client reporting activities for all US clients. Kim also served as the division’s chief administrative officer responsible for global Securities Finance initiatives including the coordination of strategic projects. Before her role in Securities Finance, she was a senior member of the sales and client relationship team at State Street Global Markets. This team is responsible for strategy and governance around sales, relationship management and client initiatives. She joined State Street in 1994 as part of the Broker Dealer business and was instrumental in building out our Transition Management business. Kim was also the Product Manager for our Portfolio Solutions, Equity Trading and Broker Dealer businesses.
Prior to State Street Global Markets, Kim was a specialist clerk on the floor of the Boston Stock Exchange. She holds a Bachelor of Arts degree from Tulane University and spent a year at Oxford University.