Karen Keenan is an Outside (Independent) Director of the Board of CLS Group Holdings AG and also serves on the Board of CLS UK Intermediate Holdings Ltd.

Ms. Keenan is a C-suite executive with over 30 years of experience spanning finance, risk management and regulatory compliance, and business management, including international. Her career reflects a demonstrated track record in executing successful growth initiatives, driving cultural transformation, and leading various business lines in a complex highly-regulated environment.

Ms. Keenan retired in 2020 as the Chief Administrative Officer of State Street Corporation. In this capacity, she led key cross-enterprise initiatives including oversight of its end-to-end technology and operational resiliency program and business line risk management. In 2018 she was recognized by the Greater Boston Chamber of Commerce with a Pinnacle Award in the category of Private Sector Management based on her impact on leading both gender diversity and cultural change programs at State Street. She held a variety of business management and client-facing roles with State Street, including an expatriate assignment in the U.K. She was the first woman and first non-trader to head the State Street Global Markets division prior to her current role, transforming the trading culture after an insider fraud event. Ms. Keenan was Chief Financial Officer of Investors Financial Services Corp., acquired by State Street in 2007, during its initial public offering and early days as a public company.

Ms. Keenan started her career in public accounting at Arthur Andersen and maintains her CPA license. She is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants. Karen received a Bachelor of Science degree in Accounting, summa cum laude, from Bentley University and an MBA from Babson College.