Marinof will be based in the London office and will be responsible for managing the ETF strategy across the region, working closely with the product development, sales, marketing and capital markets teams.
He will report to Mike Karpik, senior managing director and head of EMEA for SSgA and Jim Ross, senior managing director and global head of SPDR ETFs.
Marinof has been working in SSgA’s Dubai office since 2008, where he oversaw business development and client relationships across the Middle East and Africa. He will start his new job in September.
Earlier in the month Edwin Mars joined the firm’s Amsterdam office as senior sales manager, intermediary business. He will focus on the sales and distribution of SPDR ETFs across the Netherlands.
Marinof said: “The SPDR ETF business is currently second highest across Europe for inflows with nearly $2bn year to date. Within EMEA, SPDR ETFs has established itself as a market leader in dividend equity ETFs and emerging markets fixed income ETFs.”
Earlier in the week iShares announced that it was launching a new ETF settlement structure to fuel the cntinued growth of the market in Europe.
