Northern Trust announces leadership changes
December 19 2025 US
Image: LinkedIn
Northern Trust has appointed Clive Bellows, president of Europe, Middle East and Africa (EMEA), and Guy Gibson, global head of institutional banking and markets, as co-presidents of asset servicing.
Melanie Pickett, head of asset servicing for the Americas, will assume the newly created role of chief transformation officer, leading the design and execution of initiatives firmwide that accelerate innovation and adapt to changes in the market.
Bellows, who will continue as EMEA president, joined Northern Trust in 2011 and has held a number of leadership positions, including head of global fund services for EMEA and country head for Ireland.
He has played key roles in major acquisition integrations and delivering solutions for global investment managers and their funds.
Gibson, who will continue to lead institutional banking and global markets, brings ?expertise?in banking, treasury, corporate and institutional lending, and a full range of capital markets activities.?
He joined Northern Trust nearly a decade ago through the acquisition of Aviate Global LLP, which he co-founded.
Pickett, who has driven growth for Asset Owners Americas and launched Front Office Solutions, brings over 20 years of leadership experience in strategy, operations, and technology.
She joined Northern Trust in 2017 and previously spent over a decade in Morgan Stanley’s Global Wealth Management division.
All three leaders will report to CEO Michael O’Grady, Gibson and Pickett will join Bellows as members of the Northern Trust Leadership Team.
O’Grady comments: “Clive, Guy and Melanie bring exceptional expertise and proven ability to navigate the complexities of a rapidly changing landscape.
"Their leadership will further drive innovation and deliver meaningful value for our clients.
“We are extremely grateful to Teresa for her steadfast leadership and the lasting impact she’s made on our organisation.”
Bellows and Gibson succeed Teresa Parker, who will retire after more than 40 years with Northern Trust.
Melanie Pickett, head of asset servicing for the Americas, will assume the newly created role of chief transformation officer, leading the design and execution of initiatives firmwide that accelerate innovation and adapt to changes in the market.
Bellows, who will continue as EMEA president, joined Northern Trust in 2011 and has held a number of leadership positions, including head of global fund services for EMEA and country head for Ireland.
He has played key roles in major acquisition integrations and delivering solutions for global investment managers and their funds.
Gibson, who will continue to lead institutional banking and global markets, brings ?expertise?in banking, treasury, corporate and institutional lending, and a full range of capital markets activities.?
He joined Northern Trust nearly a decade ago through the acquisition of Aviate Global LLP, which he co-founded.
Pickett, who has driven growth for Asset Owners Americas and launched Front Office Solutions, brings over 20 years of leadership experience in strategy, operations, and technology.
She joined Northern Trust in 2017 and previously spent over a decade in Morgan Stanley’s Global Wealth Management division.
All three leaders will report to CEO Michael O’Grady, Gibson and Pickett will join Bellows as members of the Northern Trust Leadership Team.
O’Grady comments: “Clive, Guy and Melanie bring exceptional expertise and proven ability to navigate the complexities of a rapidly changing landscape.
"Their leadership will further drive innovation and deliver meaningful value for our clients.
“We are extremely grateful to Teresa for her steadfast leadership and the lasting impact she’s made on our organisation.”
Bellows and Gibson succeed Teresa Parker, who will retire after more than 40 years with Northern Trust.
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