ROBERT (BOB) KAPLAN is Executive Vice President and head of State Street Global Services, overseeing the daily processing of all cash-and securities-related activities worldwide. Mr. Kaplan serves as a member of State Street's Executive Management Group, Operating Council, Major Risk Committee, and he is President of State Street Bank & Trust Company, N.A. Mr. Kaplan has been with State Street for more than 20 years and has held a variety of management positions. From May 1993 through June 2001, he worked in the Toronto office where his responsibilities included offshore and Canadian mutual funds. In 1997, he was named Chief Operating Officer for Investor Services Canada. Then, between July 2001 and February 2003, Mr. Kaplan played a crucial role in global business development, where his responsibilities included strategic acquisitions, joint ventures and large, multinational outsourcing opportunities.

Mr. Kaplan is a director on the boards of Omgeo, Syntel Solutions (Mauritius) Limited, and Syntel Sourcing Private Limited, Mumbai.