Northern Trust Announces Leadership Changes to Front Office Solutions and Global Foreign Exchange Business

CHICAGO–(BUSINESS WIRE)–Northern Trust today announced the appointments of John Turney as Global Head of Front Office Solutions and Marisa Kurk as Head of Global Foreign Exchange (GFX).

Turney, who has led GFX since 2018, takes the lead in the innovative and growing front office solutions business as it expands into new markets around the world. He reports to Melanie Pickett, Head of Asset Owners, Americas.

Northern Trust Asset Servicing Chairman Pete Cherecwich said: “John Turney’s exemplary leadership has transformed Global Foreign Exchange into a state-of-the-art strategic services business. John’s extensive market knowledge, strategic planning skills and strong client relationships will serve him well as he expands and grows our Front Office Solutions business globally.

Kurk, with nearly two decades of experience in global institutional foreign exchange, joined Northern Trust as Chief Operating Officer of GFX in 2019 and was named Chief Strategy Officer in 2021. As head of GFX, she will report to Guy Gibson, global head of capital markets. .

“We are delighted to appoint Marisa Kurk as the next head of GFX, a center of trading and client service expertise at Northern Trust,” Cherecwich said. “Marisa has been key to the success of GFX, partnering with teams across the company and driving the day-to-day activation of business strategy and operations. His forward-thinking and innovative mindset will help take the GFX business to even greater heights. We also hope that Marisa’s leadership as the first woman to lead Global Foreign Exchange will encourage the continued growth and diversity of our teams.

Front Office Solutions is an integrated cloud-based data and services platform that enables investment offices to visualize and analyze data from disparate sources across all asset classes in one central repository. It provides owners of complex assets, including foundations, endowments, family offices, pension plans and outsourced investment managers (OCIOs), with the data they need, in the format they need. need, enabling them to make informed decisions that help them excel in their strategies and optimize performance.

Global Foreign Exchange offers a range of liquidity, trading, transaction processing and outsourced foreign exchange solutions for institutional investors. It is part of Northern Trust Capital Markets, which also provides brokerage, securities financing and transition management services.

Front Office Solutions and Capital Markets are divisions of Northern Trust Asset Servicing, which provides asset management, fund administration and middle office solutions to institutional asset managers and asset owners worldwide.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2022, Northern Trust had assets under custody/administration of US$15.5 trillion and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for its 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 USA, incorporated with limited liability in the USA Please read our global and regulatory information.