Institutional money manager State Street Global Advisors today announced the appointment of Carl Bang, currently head of fixed income and asset allocation, to lead its business and operations in Canada.

Bang will report to Otello Sturino, State Street Global’s chief administration officer, and head of operations and Jean-François Courville, country head for State Street in Canada.

“We’re delighted to appoint Carl to this position,” said Sturino, in a release. “With his extensive investment experience and leadership abilities demonstrated over the course of his 18-year career, we are confident that he will apply the same passion and vision to his new role as head of our business in Canada. I have no doubt that he will help advance our position as a leader in Canadian fund management.”

During Bang’s career with State Street Global, he has held positions as director of fixed income, responsible for developing Canadian fixed income strategies, and as head of fixed income and asset allocation.

He assumes his new role from Jean Dumoulin who left State Street Global last month to pursue other interests.

The firm also announced the appointment of Gregory Chrispin as Canada CIO, reporting to Bang. Chrispin joined State Street Global in 2000 as head of the global structured products group and most recently served as head of all equity strategies in Canada.

The appointments are subject to routine regulatory approval.