Joerg Ambrosius

Executive VP & President of Investment Services, State Street Corporation

Search every verified Joerg Ambrosius interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Joerg Ambrosius, Executive VP & President of Investment Services at State Street, has spoken about the growing pension obligations of German corporations. In a September 2020 interview, he stated that pension liabilities for DAX companies were around 300 billion euros at the end of 2012, with an increase of about 55 billion euros that year due to a declining discount rate. He described the low interest rate environment as creating "two negative effects" for pension funds: the low discount rate and the challenge of generating sufficient returns. Ambrosius noted a trend toward diversifying into alternative investments and infrastructure, but said the market does not currently offer enough investment opportunities in Germany. In a September 2021 interview, Ambrosius discussed racial inequality in the workplace. He described himself as "an ethnic minority ally" and said he sees it as his duty to listen to and support minority employees, adding that he is committed to helping achieve an equal workforce at State Street. Ambrosius stated that the financial industry should "start to see the eradication of racial inequality as a directly relevant issue" and that workplaces can be used "as instruments of social change." He also said that as a senior leader, he aims to "change outlooks, mindsets, and outcomes" within the industry.