Northern Trust has appointed Jessica Donohue as head of Product Management for Asset Servicing, where she will lead a global team overseeing custody, administration, fiduciary, and data solutions for institutional clients.
In this role, Ms. Donohue is responsible for leading strategy and oversight to ensure that Northern Trust’s Asset Servicing products and solutions deliver value to clients and align with the company’s growth objectives. She reports directly to Teresa Parker, President of Asset Servicing.
Ms. Donohue brings nearly 25 years of industry experience to Northern Trust. Prior to this appointment, she held senior leadership roles at State Street Bank and Trust Company, including global head for the Asset Owner segment and head of Global Investment Insights, Sustainability and Impact. Her tenure at State Street also included senior global leadership positions in innovation, advisory and information solutions, and head of performance and analytics for institutional and asset manager clients.
“Jessica brings outstanding experience and vision to Northern Trust,” said Ms. Parker. “Her leadership and deep industry expertise will be invaluable as we advance our Asset Servicing solutions to meet the needs of our clients and drive innovation in a rapidly changing market. We are delighted to welcome Jessica to Northern Trust and look forward to her contributions as we continue to build on our successful strategies.”
Northern Trust provides market-leading solutions to nearly 3,000 institutional clients across 53 countries. The company’s offerings span alternative asset services, banking and liquidity, capital markets, regulatory, securities, fund services, and retirement solutions, distinguished by its commitment to client service, integrity, and technology innovation.
Established in Chicago in 1889, Northern Trust Corporation (Nasdaq: NTRS) is a global provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals. As of June 30, 2025, Northern Trust reported assets under custody/administration of US$18.1 trillion and assets under management of US$1.7 trillion. The company maintains a global presence with offices in 24 U.
S. states and Washington, D.
C., and across 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region.
