ssga ceo Yie-Hsin Hung at the Helm of State Street Global Advisors

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Yie-Hsin Hung is the CEO of State Street Global Advisors. She has been leading the company since 2017.

Hung's appointment marked a significant milestone in the company's history. It was the first time a woman held the top position at State Street Global Advisors.

Hung has a long history with State Street Global Advisors, having joined the company in 2001. She has held various leadership roles within the organization.

Yie-Hsin Hung Appointed

Yie-Hsin Hung joins State Street Global Advisors from New York Life Investment Management.

She will take over as president and CEO of State Street Global Advisors in December 2022, replacing Cyrus Taraporevala.

Hung has a notable history of delivering growth, having led NYLIM to a nearly four-fold increase in assets under management during her tenure.

She brings a true commitment to fostering a culture of inclusion, collaboration, and product innovation.

Hung has held numerous senior executive roles, including co-president and chairman of NYLIM International, and leadership positions at Bridgewater Associates and Morgan Stanley.

Credit: youtube.com, How CEO Yie-Hsin Hung makes time for self-care | At the Heart of It

She has been named to Barron’s list of the 100 Most Influential Women in US Finance for the third time, and selected by American Banker as one of the 25 Most Powerful Women in Finance for the fifth consecutive year.

Hung is a member of several professional organizations, including the Board of Trustees of Northwestern University, the Investment Company Institute, and the National Association of Corporate Directors.

Managing the Transition

We're living through a historic moment of transition, with the pandemic and COP26 conference having a significant impact on economies worldwide.

Approximately one-third of new directors at S&P 500 companies and the top FTSE 150 companies are serving on a public company board for the first time.

The role of directors of public companies is more important and challenging than ever before, as they navigate complex and evolving issues alongside shifting stakeholder and investor expectations.

Material environmental, social, and governance (ESG) issues have come to the forefront alongside traditional strategic and financial issues, making directors' work more critical than ever.

Directors are now overseeing a range of complex issues, including climate change, diversity, and human capital management, which are opportunities for companies to mitigate downside risk and innovate.

The use of voice and vote is central to fiduciary responsibility to maximize long-term risk-adjusted returns.

Virgil Wuckert

Senior Writer

Virgil Wuckert is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in insurance and construction, he brings a unique perspective to his writing, tackling complex topics with clarity and precision. His articles have covered a range of categories, including insurance adjuster and roof damage assessment, where he has demonstrated his ability to break down complex concepts into accessible language.

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