McCabe set to head new role at Northern Trust
03 June 2025 US

Northern Trust has named Katherine McCabe to lead the outsourced chief investment officer (OCIO) strategy for its asset servicing business unit.
In this newly created role, McCabe will develop strategic relationships with OCIO firms and the investment consultant community. She brings with her over 30 years of experience within the asset owner industry, having most recently served as the head of US asset owner and Canadian sales at State Street.
McCabe also spent more than 25 years at BNY, working in a variety of leadership roles in strategy, consulting, and analytics.
On the appointment, Melanie Pickett, head of asset servicing, Americas, says: “Northern Trust is committed to building stronger relationships with the OCIO community to unlock the full potential of this space, and we believe Kate's expertise will play a vital role in this effort.”
In this newly created role, McCabe will develop strategic relationships with OCIO firms and the investment consultant community. She brings with her over 30 years of experience within the asset owner industry, having most recently served as the head of US asset owner and Canadian sales at State Street.
McCabe also spent more than 25 years at BNY, working in a variety of leadership roles in strategy, consulting, and analytics.
On the appointment, Melanie Pickett, head of asset servicing, Americas, says: “Northern Trust is committed to building stronger relationships with the OCIO community to unlock the full potential of this space, and we believe Kate's expertise will play a vital role in this effort.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
