State Street’s Global Strategy Head John Klinck Departs

John Klinck, head of global strategy and a member of the management committee at State Street Corp., has left the company.

Klinck, who also led new ventures for the bank, departed in April, confirmed Brendan Paul, a spokesman for State Street. His role included oversight of corporate strategic planning and managing relationships with the bank’s biggest clients, according to the firm’s website.

The Boston-based custody bank made changes in its upper ranks at the beginning of April by hiring former Fidelity Investments executive Ronald O’Hanley to run the asset management arm. O’Hanley replaces Scott Powers as head of that division, State Street Global Advisors.

Klinck joined State Street in 2006 to oversee its alternative investment solutions business, where he was in charge of strategic direction, global sales and product structuring for the bank’s hedge fund, private equity and offshore fund servicing functions. During his tenure, the bank made three acquisitions to expand the alternatives business.

Before joining State Street, Klinck was vice chairman and president of the investment manager solutions group at Mellon Financial Corp.

State Street’s management committee is made up of 15 members, including Chairman and Chief Executive Officer Jay Hooley, President and Chief Operating Officer Michael Rogers, and O’Hanley, according to the website.

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