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Northern Trust Appoints Gary Paulin as Head of Global Strategic Solutions
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Northern Trust (Nasdaq: NTRS) has appointed Gary Paulin as the head of Global Strategic Solutions for its asset servicing business. This new role focuses on developing innovative solutions to enhance client access to Northern Trust’s global capabilities. Paulin, based in London, will report to Pete Cherecwich, president of Corporate & Institutional Services. Previously, he led Integrated Trading Solutions and has over 20 years of experience in financial services, enhancing the firm's commitment to client collaboration and strategic execution.
Positive
Gary Paulin's appointment may bring fresh perspectives and strengthen leadership in asset servicing.
The new role supports Northern Trust's strategy for advanced multi-asset class solutions.
Negative
Concerns about continuity in leadership within the newly created position.
Potential experience gaps in the transition from his previous role.
LONDON--(BUSINESS WIRE)--
Northern Trust (Nasdaq: NTRS) has appointed Gary Paulin as head of Global Strategic Solutions for its asset servicing business.
In this newly-created position, Paulin, who is based in London, will lead the development and design of innovative solutions that will enable clients to access and benefit from the full range of Northern Trust’s global capabilities.
The appointment supports Northern Trust Whole Office™ – the strategy bringing advanced open architecture, multi-asset class solutions to institutional market participants, across the entire investment lifecycle.
Paulin reports to Pete Cherecwich, president of Corporate & Institutional Services at Northern Trust, who comments, “As our capabilities to support the front office continue to grow, so do our client interactions. Gary’s expertise and experience to build relationships at a senior level with the front office will be key. This strategic appointment also underscores our commitment to client collaboration and co-creation to help clients execute on their overall business strategy.”
Paulin assumes the role having previously been global head of Integrated Trading Solutions, Northern Trust’s outsourced trading capability. He has over 20 years’ experience within the financial services industry, having joined Northern Trust in 2016 after the Bank’s acquisition of Aviate Global LLP, an institutional equity brokerage firm co-founded by Paulin.
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 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2021, Northern Trust had assets under custody/administration of US$15.7 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.
