State Street Corporation announced that Arindam Banerrji has been appointed as the firm's country head for India. In this role, Mr. Banerrji will lead the growth and transformation of State Street's operations in the country. Based in Bengaluru, Mr. Banerrji will report to Lou Maiuri, president, chief operating officer, and head of Investment Services.

Mr. Banerrji joins State Street from Wells Fargo, where he most recently served as the executive vice president and managing director for their operating centers in India and the Philippines. Prior to Wells Fargo, Mr. Banerrji held several leadership positions at Ernst Young India, Deutsche Bank, J.P. Morgan, Larsen Toubro, and Price Waterhouse. State Street established its first presence in India in 2004.

Through wholly-owned and majority-owned affiliates, it has operations in Bengaluru, Chennai, Coimbatore, Hyderabad, Mumbai, Pune and Vijayawada. India is part of State Street's global operating model which supports affiliates across the Americas, Europe, Asia and the Middle East. Utilizing multiple servicing locations provides continuity of service, resiliency, and helps reduce operational risk.

The company delivers high-quality investment services, expertise and full-service coverage with complementary, and overlapping, operational hours globally.