Northern Trust Announces Key Transition Management Hire

  • People Moves
  • 28.11.2017 09:41 am

Northern Trust has expanded its transition management team with another key hire, appointing Mike Mahoney as a transition manager for Europe, Middle East and Africa (EMEA).

This latest addition highlights Northern Trust’s continued investment in its Capital Markets business which encompasses transition management, institutional brokerage, foreign exchange and securities lending services. 

Based in London, Mahoney will focus on transition management services for insurance companies and financial institutions across the region. He will be responsible for all aspects of the transition event life cycle, encompassing assignment origination, relationship management, execution strategy and end-to-end project management. He reports to Craig Blackbourn, who was appointed as head of transition management for EMEA in January 2017. 

Mahoney joins from State Street Global Markets where he was a transition manager and portfolio trader for the last eight years.

“Mike’s appointment underlines our continued commitment to investing in our global transition management business,” said Blackbourn, head of transition management, EMEA, Northern Trust Capital Markets. “Northern Trust’s transition management offering is centered around minimizing risk and controlling costs alongside maximizing transparency for our clients and Mike’s extensive experience will be invaluable in delivering exemplary performance throughout the transition management lifecycle.”

Northern Trust has a 30-year track record of providing transition management services. Under its Capital Markets business, it also offers foreign exchange, securities lending and institutional brokerage services to its diverse global client base. It has more than 350 employees dedicated to providing capital markets services worldwide from offices in Boston, Chicago, New York, San Francisco, Toronto, London, Singapore, Seoul, Hong Kong, and Sydney.

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