Northern Trust Announces Leadership Changes

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced a number of leadership appointments, effective January 1, 2026. Clive Bellows, president of Europe, Middle East and Africa (EMEA), and Guy Gibson, global head of institutional banking & markets, have been appointed co-presidents of Asset Servicing, succeeding Teresa Parker, who will retire after more than 40 years of exemplary service with Northern Trust.

Melanie Pickett, head of asset servicing for the Americas, will assume the newly created role of chief transformation officer, leading the design and execution of initiatives firmwide that accelerate innovation and adapt to changes in the market.

All three leaders will report to Chief Executive Officer Michael O’Grady. Gibson and Pickett will join Bellows as members of the Northern Trust Leadership Team.

“Clive, Guy and Melanie bring exceptional expertise and proven ability to navigate the complexities of a rapidly changing landscape. Their leadership will further drive innovation and deliver meaningful value for our clients,” O’Grady said. “We are extremely grateful to Teresa for her steadfast leadership and the lasting impact she’s made on our organization.”

Bellows, who will continue as EMEA president, joined Northern Trust in 2011 and has held a number of leadership positions, including head of global fund services for EMEA and country head for Ireland. He has played key roles in major acquisition integrations and delivering effective solutions for global investment managers and their funds.

Gibson, who will continue to lead institutional banking and global markets, brings extensive expertise in banking, treasury, corporate and institutional lending, and a full range of capital markets activities. He joined Northern Trust nearly a decade ago through the acquisition of Aviate Global LLP, which he co-founded.

Pickett, who has driven growth for Asset Owners Americas and launched Front Office Solutions, brings over 20 years of leadership experience in strategy, operations, and technology. She joined Northern Trust in 2017 and previously spent over a decade in 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 services 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, 2025, Northern Trust had assets under custody/administration of US$18.2 trillion, and assets under management of US$1.8 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 Instagram @northerntrustcompany or Northern Trust 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.