Northern Trust, a wealth and asset management company, has hired Melanie Pickett as head of front office solutions.
The company is a new line of business within asset servicing, but is centered on operational and tech needs of allocators around the world.
Pickett will be in charge of the growth and leadership for large endowments, foundations, pensions and a multitude of other areas of business. Pickett will head a team focused on leveraging Northern Trust’s resources and expertise around the globe, allowing the company to make demands within their organization.
“Having spent her career designing and executing large-scale change within financial services organizations, Melanie is a tremendous addition to our team,” Pete Cherecwich, president of corporate and institutional services at Northern Trust, said in a news release. “The needs of global asset owners and allocators have changed dramatically over the last decade and continue to rapidly evolve. It is critical we lead with a forward-looking operational and technology solution, combined with a first-class service offering to meet a complex set of investor expectations – especially in the highly challenging area of alternative investments.”
Pickett has over a decade of experience in investment management. She’s previously worked for Emory Investment Management and Global Wealth Management. She also is a founding advisory board member of the Investment Management Due Diligence Association.
To learn more about Northern Trust, visit its website.