Ronald P. O’Hanley is president and chief executive officer of State Street Global Advisors (SSGA), the investment management arm of State Street Corporation and a global leader with $2 trillion in assets under management. SSGA provides disciplined investment solutions spanning both indexing and active strategies to many of the world’s largest, most sophisticated investors. Mr. O’Hanley is also a member of the management committee of State Street Corporation, the company's senior-most strategy and policy-making team, and leads the firm’s Corporate Strategy function. State Street Corporation is one of the world’s leading providers of financial services to institutional investors with $28 trillion in assets under custody and administration, operating in more than 100 geographic markets worldwide.
Prior to his role at SSGA, Mr. O’Hanley was president of Asset Management & Corporate Services for Fidelity Investments. Mr. O’Hanley was responsible for all Fidelity Asset Management organizations, including Fidelity Management & Research Company (FMRCo), Pyramis Global Advisors, and the Asset Allocation teams, with a combined total of $1.8 trillion in assets under management. He also oversaw Finance, Human Resources, Legal, Risk, Corporate Compliance, Government Relations and Public Affairs, Enterprise Technology, and Pricing and Cash Management Services. Mr. O’Hanley was also a member of Fidelity’s Executive Committee. Mr. O’Hanley served at Fidelity from 2010 to 2014.
Prior to joining Fidelity, Mr. O’Hanley served as president and chief executive officer of BNY Mellon Asset Management in Boston, a position to which he was named in 2007. During this time, Mr. O’Hanley also served as vice chairman of Bank of New York Mellon Corp. and was a member of the Executive Committee. Additionally, Mr. O’Hanley oversaw all of Bank of New York Mellon’s activities in Asia. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was vice chairman of Mellon Financial Corporation and president and chief executive officer of Mellon Asset Management. He served at Mellon and Bank of New York Mellon from 1997 to 2010.
Prior to Mellon, Mr. O’Hanley was with McKinsey & Company, Inc., from 1986 to 1997. He was elected a partner in 1992. He founded the Investment Management practice worldwide and was co-founder and co-leader of the firm’s North American Personal Financial Services practice. Additionally, he was a core member of the Worldwide Property & Casualty Insurance practice. During his tenure with McKinsey, Mr. O’Hanley served in McKinsey’s Boston, New York, and Stockholm offices and focused globally on financial services, insurance companies, and health care payors.
Mr. O’Hanley received his Bachelor of Arts degree in political science from Syracuse University in 1980 and his MBA from the Harvard University Graduate School of Business in 1986.
Mr. O’Hanley serves on the board of Unum Corp and Rhode Island Commerce Corp. He serves as vice chairman of Beth Israel Deaconess Medical Center Board of Directors. He also serves on the boards of the East/West Institute (Executive Committee); The Boston Foundation; The Conference Board (co-chairs The Conference Board affiliate Committee on Economic Development Policy & Impact Committee) WBUR; Institute of Contemporary Art, and Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O’Hanley is a core member of Focusing Capital on the Long Term, an initiative founded by CPP Investment Board and McKinsey & Company to advance practical actions to focus business and markets on the long term. He has advised a number of technology and financial services start-ups.
Mr. O’Hanley is honorary professor at the University of Edinburgh School of Management and is an avid offshore sailboat racer. His philanthropic and civic interests include education reform, retirement/healthcare policy and funding, and market structure and operations. He is a frequent speaker and writer.
*Assets under management include approximately $40 billion as of June 30, 2016, for which State Street Global Markets, LLC, an affiliate of SSGA, serves as the distribution agent.