State Street Corp. has named Michael Bell as executive vice president and member of its management committee. He will assume the role of chief financial officer in August, following the planned retirement of Edward Resch, who has held the position for 11 years. 

As CFO, Bell will be responsible for State Street’s financial strategy and functions including treasury, accounting, tax and reporting and investor relations.

Bell has almost three decades of financial services experience. He most recently served as chief financial officer of Manulife Financial Corp. in Toronto. Prior to that, he held senior executive positions throughout his 24-year career at Cigna Corp.