The Asia Pacific chief executive of State Street will take on an expanded role to oversee the firm’s Middle East business.

State Street appoints Mostapha Tahiri as head of the Middle East, according to a statement, in addition to his existing role as APAC CEO. He will be responsible for all business activities for both regions including driving strategy, increasing client engagement, developing talent, pursuing growth opportunities as well as managing stakeholders like local officials and regulators.

Based in Singapore, Tahiri continues to report dually to chief productivity officer and head of international business Andrew Erickson as well as president, chief operating officer and head of investment services Lou Maiuri.

Tahiri joined State Street in 2020 and previously held leadership positions at BNP Paribas for 20 years, including APAC CEO of the French bank's securities services arm.