State Street Vet Bill Hunt Joins Multifonds Board

Nov 21 2011 | 7:49am ET

Former State Street Corp vice chairman Bill Hunt is joining the board of investment fund software specialist Multifonds.

Hunt has 20 years’ experience across asset management and securities services. He began with State Street in Japan in 1994, following securities and investment management roles at Swiss Bank Corporation International and AIG Investment Corporation in Tokyo. He returned to the U.S. in 2001, was appointed SSgA president and CEO in 2005, and vice chairman of State Street Corporation in 2006. At SSgA he was responsible for leading a team of about 2,800 people and US$ 1.9 trillion in assets under management.

Oded Weiss, CEO of Multifonds, said: “Bill’s extensive experience in both the U.S. and Asian markets makes him perfectly suited to help us continue the exciting growth trend at Multifonds. Both markets are key areas for us over the coming year, and we look forward to benefitting from Bill’s fantastic understanding of our industry.”

Multifonds has offices in Boston, New York, London, Paris, Luxembourg, Frankfurt, Geneva, Bangalore, Hong Kong and Singapore. It employs more than 300 people worldwide.

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