Northern Trust Names Melanie Pickett to Lead Asset Servicing in the Americas

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Melanie Pickett has been named Head of Asset Servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region, effective January 1, 2025.

Pickett, who has been Head of Asset Owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and corporations, and assume responsibility for the business unit’s asset manager clients. She will continue to report to Teresa Parker, President of Asset Servicing.

Under Pickett’s leadership, Asset Owners Americas experienced strong growth in new clients and assets under custody and administration, as well as A-Suite by Northern Trust, a community that offers insights, research, and networking opportunities for asset allocators.

“For years, Melanie has been instrumental in helping us meet and exceed the expectations of our asset owner clients in the Americas through an unwavering commitment to client success and pursuit of new tools and technology to meet their evolving challenges,” Parker said. “As she moves into her new role, we're looking forward to seeing Melanie continue to drive growth and innovation across the organization.”

Pickett brings more than 20 years of experience in senior operations and technology roles. She joined Northern Trust in 2017 to spearhead the development of Front Office Solutions, a new business line that focuses on the portfolio management and technology needs of complex asset allocators worldwide. Before joining Northern Trust, she was the Chief Operating Officer at Emory Investment Management. Prior to her time at Emory, Pickett dedicated over a decade to managing operations and technology strategy within Morgan Stanley’s Global Wealth Management division.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2024, Northern Trust had assets under custody/administration of US$17.4 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.