Global asset manager State Street has appointed Pauline Wong as head of the Hong Kong region and Ilona Chen as head of Taiwan, two newly created roles that will report to Mostapha Tahiri, chief executive officer for the Asia-Pacific region.

Based in Hong Kong and Taipei respectively, Wong and Chen will be responsible for leading and executing the enterprise-wide business strategy, developing talent, and managing relationships with local government officials and regulators in Hong Kong and Taiwan. Wong and Chen will oversee all State Street’s businesses in Hong Kong and Taiwan respectively.

Wong joined State Street in 2011 and was most recently Asia-Pacific lead for the firm’s client programme office. She has more than 20 years of experience in financial services. Before joining State Street, she worked in various positions at HSBC in trustee services, private banking and securities services covering the Asian region.

Chen joined State Street in 1993 and helped establish the firm’s asset servicing business in Taipei in 1995. Her most recent role was head of institutional services for Greater China.