U.S. Bancorp

09/25/2024 | Press release | Distributed by Public on 09/25/2024 23:18

U.S. Bank Global Fund Services names head of relationship management for ETFs

Lisa Korbas will be responsible for developing, maintaining and executing relationship strategy with a focus on client satisfaction for ETF clients

U.S. Bank announced today that Lisa Korbas has joined its Global Fund Services division as head of ETF relationship management.

In this newly created role, Korbas will be responsible for developing, maintaining, and executing relationship strategy with a focus on client satisfaction for ETF clients. U.S. Bank Global Fund Services has 55 years of fund administration expertise, offering alternative investment, mutual fund and exchange-traded product solutions, custody, and investment advisor services to clients in the U.S. and Europe. She will report to Josh Jacobs, who was named chief commercial officer for ETFs in April.

Korbas brings 15 years of financial services experience, all at JP Morgan, where she previously held roles in Relationship Management, Alternative Investment product and Middle Office Operations. For the last 10 years, she has been an executive director within sales and relationship management for their Securities Services division.

"Industry and regulatory developments have expanded the types of exchange-traded products that issuers can bring to market and have streamlined the process for launching new funds. The demand we are seeing from clients is higher than ever before and we're embracing the opportunity for growth in this space by building out our ETF group," said Jay Martin, president, U.S. Bank Global Fund Services. "Lisa has a proven track record of growing revenue and developing strategic client relationships. Her skills align perfectly with our own priorities of driving growth, deepening relationships and delivering best-in-class client service. We're thrilled to welcome Lisa to the team."