Northern Trust Appoints Jessica Donohue as Head of Asset Servicing, Americas

Advances Asset Servicing Capabilities for Asset Managers and Asset Owners in the Americas

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Jessica Donohue has been appointed as head of Asset Servicing, Americas. In her new role, Donohue will report to Clive Bellows, co-president of Northern Trust Asset Servicing.

Donohue joined Northern Trust in September 2025 as global head of product management for Asset Servicing. Before joining Northern Trust, she held senior leadership positions at State Street, including global head for the Asset Owner segment, head of the Global Clients division responsible for State Street’s most complex, global and strategic client relationships across the asset manager, asset owner, alternatives, insurance and official institutions segments, and head of Global Investment Insights, Sustainability, and Impact. She also led teams focused on innovation, advisory and information solutions, as well as performance and analytics for institutional and asset manager clients.

“Jess Donohue brings exceptional industry expertise and proven leadership to this role, which will be invaluable for our Americas business,” said Bellows. “Her deep knowledge of asset servicing and the challenges facing both asset managers and asset owners will help us deliver an enhanced level of capability in the region.”

Additionally, Northern Trust announced that John Turney will succeed Donohue as head of Product Management for Asset Servicing and will also report to Clive Bellows. Turney will lead a global team of product executives delivering custody, administration, fiduciary, and data solutions for institutional clients. With more than 15 years at Northern Trust, Turney most recently served as global head of Total Portfolio Solutions, overseeing software and solutions for the entire investment life cycle.

“John Turney’s experience and vision will be instrumental as we continue to innovate our asset servicing capabilities,” said Bellows. “His leadership and deep understanding of our clients’ evolving needs position us to deliver best-in-class solutions for institutional investors around the world.”

Northern Trust provides market-leading solutions to nearly 3,000 institutional clients in 53 countries, offering a comprehensive suite of services ranging from alternative asset services to banking, liquidity, capital markets, regulatory, securities, fund services, and retirement solutions. The firm is distinguished by its commitment to client service, integrity, and technology innovation.

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 December 31, 2025, Northern Trust had assets under custody/administration of US$18.7 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.