Donna Milrod
Executive Vice President, Chief Product Officer

Donna Milrod is executive vice president and chief product officer at State Street, responsible for leading the strategy, value proposition and growth of our Asset Servicing business, including Digital Asset Solutions. Donna also is a member of State Street’s Executive Committee, the company’s senior leadership team.

Previously, Donna led the company’s Global Asset Managers segment business as well as the Global Clients Division.

Donna has over 25 years of experience in banking and financial services including leadership positions at Deutsche Bank, where she served as deputy chief executive officer for its North America business. Before joining State Street, she was a senior advisor to both Broadridge and McKinsey & Company, where she provided advice for navigating risk, optimizing operating efficiencies and increasing revenue growth. Prior to that, Donna was with the Depository Trust and Clearing Corporation (DTCC) where she served on the Management Committee and was the head of DTCC Solutions, delivering innovative post-trade processing solutions to clients.

Currently, Donna serves as an independent board director of Orion Innovation, a privately held technology services company. She also sits on the board of Partnership Fund for New York City and is a member of the New York Women’s Forum, the Committee of 200, National Association of Corporate Directors, Council on Foreign Relations and the Economic Club of New York. Previously, she served on the boards of Valmont Industries (NYSE:VMI) and Cabela’s Inc. (NYSE:CAB).

Donna has appeared on American Banker's “Most Powerful Women in Finance” list for five consecutive years (from 2021 through 2025). In 2025, Donna was inducted into the Global Custodian Hall of Fame for her outstanding contributions and distinguished career in securities services. She was also named in the 2025 TabbFORUM’s Top 40 Innovators list, an honor roll of executives who are leading technology driven innovation and disruption in financial markets. In recognition of her leadership driving positive change around inclusion and diversity in the workplace, Donna has earned a place on each of INvolve’s Executive Role Model, Advocates and Allies lists: Empower (2024 and 2023), Outstanding (2023) and HERoes (2024 and 2022). Donna also has been honored by Crain’s New York Business as one of 2021’s Notable Women on Wall Street, and in 2019 was named one of the Most Influential Corporate Board Directors by WomenInc. Magazine.

Donna received a Bachelor of Arts degree from Smith College and a Master of Business Administration degree from Columbia Business School.