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State Street Global Advisors names head of Asia-Pacific biz

State Street Global Advisors Inc. appointed James MacNevin as head of the company's Asia-Pacific business, effective immediately.

MacNevin replaces Lochiel Crafter, who was named head of the global institutional group, according to a March 2 release.

MacNevin was previously COO for Asia-Pacific.

State Street Global Advisors is the asset management arm of State Street Corp.