Kimberly DeTrask, CFA
Executive Vice President and Treasurer
Kimberly DeTrask is executive vice president and treasurer of State Street. She has global responsibility for balance sheet management, the investment portfolio, capital management and the Comprehensive Capital Analysis and Review (CCAR) exercises, asset liability management, liquidity risk and liability management.
Previously, Kimberly held leadership roles in Finance and Treasury, in London and Boston. Most recently, based in London, she served as chief financial officer (CFO) for State Street International and Operations & Technology and was the CFO and treasurer for Europe, Middle East and Africa prior to that. She was also a member of the Executive Management Board of State Street Bank International GmbH and had prescribed responsibilities within the United Kingdom’s Senior Managers Regime, responsible for all Treasury activities and the Global Credit Finance business.
While in Boston, she was our global head of Capital Management. Her team was responsible for all baseline capital management activities covering capital policy, capital optimization, capital forecasting, sizing of dividends and common share repurchases, net investment hedging, and managing our relationships with external rating agencies. Her team also led CCAR and was responsible for capital-related aspects of our Recovery and Resolution planning activities.
Kimberly was a vice president in the Supervision, Regulation and Credit department at the Federal Reserve Bank of Boston, where she worked for 14 years, prior to joining us in 2013. At the Boston Fed, she led teams of specialists covering revenue and expense analysis and forecasting, money market mutual funds, accounting, and capital planning, and was a member of the Federal Reserve System’s oversight group responsible for supervising the largest, most complex financial institutions. She held leadership positions in the 2011-13 CCAR exercises; the Supervisory Capital Assessment Program (the 2009 bank “stress test”); and was Basel II Risk Coordinator for the Federal Reserve System. Previously, Kimberly taught corporate finance at Boston College.
Kimberly holds a Bachelor of Arts degree in mathematics and economics from Canisius College and a Master of Science degree in finance from Boston College. She is also ABD in finance from Boston College. Kimberly is a Chartered Financial Analyst and serves on the Board of Trustees of Canisius College.