Ronald P. O’Hanley is president and CEO of State Street Corporation. He is also a member of State Street Corporation’s board of directors. He joined the company in 2015 as president and CEO of State Street Global Advisors, the investment management arm of State Street Corporation.
Prior to State Street, O’Hanley was president of asset management and corporate services for Fidelity Investments and was responsible for all Fidelity asset management organizations and Fidelity's corporate functions and enterprise technology. He served at Fidelity from 2010 to 2014.
Prior to joining Fidelity, O’Hanley served as president and CEO of BNY Mellon Asset Management in Boston and vice chairman of Bank New York Mellon Corporation and was a member of its executive committee. Additionally, O'Hanley oversaw all of Bank of New York Mellon's activities in Asia. Prior to the 2007 merger of Bank of New York and Mellon Financial Corporation, he was vice-chairman of Mellon Financial Corporation and president and CEO of Mellon Asset Management. He served at Mellon and Bank of New York Mellon from 1997 to 2010.
Prior to Mellon, O'Hanley was with McKinsey & Company, Inc., from 1986 to 1997 and was elected a partner in 1992. He founded the investment management practice worldwide and was co-founder and co-leader of the firm's North American personal financial services practice. During his tenure with McKinsey, O'Hanley served in the company's Boston, New York and Stockholm offices, where he focused primarily on financial services.
O’Hanley serves on the boards of Unum Corp, Rhode Island Commerce Corp, The Boston Foundation, the IYRS School of Technology and Trades, Syracuse University, WBUR and The Conference Board. His philanthropic and civic interests include corporate governance, retirement/healthcare policy and funding, education, climate and gender equality. He advises a number of technology and financial services start-ups.
He received his bachelor of arts degree in political science from Syracuse University in 1980 and his MBA from the Harvard University Graduate School of Business in 1986.
State Street Corporation, known as State Street, is an American worldwide financial services holding company. State Street was founded in 1792 and is the second oldest financial institution in the United States. The company’s headquarters are at One Lincoln Street in Boston and it has offices in 29 countries around the world.
State Street is organized into three main divisions. The Global Services business is a custodian bank with $28 trillion (USD) of assets under custody and administration. The Global Advisors business provides investment management services and has $2.45 trillion (USD) of assets under management. The Global Markets business offers investment research and trading services to institutional investors.