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Northern Trust Bolsters Digital Solutions Consulting Team
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Northern Trust has appointed Benjamin Bobroff as the new global head of its Digital Solutions Consulting team, enhancing its focus on digital innovation. Bobroff, previously a senior consultant at Northern Trust, will lead a team which includes Pamela Clifford, Donald Marden, and Laura Ghaemian. This strategic move aims to provide consultative support to asset owners and managers to utilize technology effectively. As of June 30, 2022, Northern Trust reported assets under custody of US$13.7 trillion and US$1.3 trillion under management.
Positive
Appointment of experienced leaders in Digital Solutions Consulting enhances team's expertise.
Focus on digital innovation aligns with market demands for technology adoption in asset management.
Negative
None.
Series of Appointments Support Strategic Focus and Investment in Digital Innovation and Expertise
CHICAGO & LONDON--(BUSINESS WIRE)--
Northern Trust has named Benjamin Bobroff as the new global head of its Digital Solutions Consultingteamwithin its Asset Servicing business development division andmade three senior appointments supporting the continued strategic focus and investment in digital innovation.
Benjamin Bobroff, global head of Digital Solutions Consulting, Northern Trust (Photo: Business Wire)
The growing team is focused on providing consultative support to asset owners and asset managers around the globe on how they can individually leverage Northern Trust’s technology and digital solutions to achieve their organizational objectives.
Based in London, Bobroffjoined Northern Trust in 2019 from BlackRock as senior consultant for Europe, Middle East and Africa (EMEA). In line with client demand, his role was expanded to include Asia Pacific, prior to his recent appointment.
Joining the expanded team and reporting to Bobroff are:
Pamela Clifford, based in New York,has been appointed senior consultant. Clifford joins from Bank of New York Mellon (BNY Mellon), where she held various senior roles in the last 18 years, most recently director, global head of digital platform execution, asset servicing.
Donald Marden,based in Boston,has been appointed senior consultant and joins from financial technology firm, Investics Data Services, where he was chief client officer for new business development, relationship management and project consulting initiatives for institutional investors. Marden has more than 30 years’ experience in asset servicing and related industries, including with Cambridge Associates, State Street and BNY Mellon.
Laura Ghaemian has transitioned to Digital Solutions Consulting as senior consultant. Based in London, Ghaemian has worked at Northern Trust for 16 years, previously as a relationship manager within the consultant relations team where she managed key relationships with third-party consultants and advisers to Northern Trust clients based in EMEA.
Pete Cherecwich, president of Asset Servicing at Northern Trust, said: “As Northern Trust accelerates its digital journey and focus on delivering market-leading digital solutions across the entire trade lifecycle, our collaborative, solutions-driven approach remains pivotal to delivering exceptional experiences and strategic value to asset owners and asset managers. Pamela, Donald and Laura, under Ben’s leadership, bring a wealth of experience and expertise to support organizations as they look to boost decision-making, business resiliency and oversight through the use of data, advanced analytics and technology solutions.”
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, 2022, Northern Trust had assets under custody/administration of US$13.7 trillion, and assets under management of US$1.3 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.
Who is the new global head of Digital Solutions Consulting at Northern Trust?
Benjamin Bobroff has been appointed as the new global head of Digital Solutions Consulting at Northern Trust.
What are the recent changes in Northern Trust's Digital Solutions Consulting team?
Northern Trust has expanded its Digital Solutions Consulting team with new senior appointments, including Pamela Clifford, Donald Marden, and Laura Ghaemian.
How much assets does Northern Trust manage?
As of June 30, 2022, Northern Trust has assets under custody of US$13.7 trillion and assets under management of US$1.3 trillion.
What is the strategic focus of Northern Trust's recent appointments?
The recent appointments aim to strengthen Northern Trust's focus on digital innovation and provide consultative support to asset owners and managers.
