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Northern Trust hires two from State Street

Northern Trust hires two from State Street

Northern Trust announced two appointments on Tuesday focused on its global transition management business.

The $1.2 trillion asset manager has established a transition management presence in Sydney, and appointed Mat Cook to lead the team across Asia Pacific.

In addition, Rob Dixon has joined Northern Trust’s London transition management team to support the company’s expanding range of clients across EMEA. 

Both executives were most recently transition managers at State Street, and bring more than 14 years of industry experience to the table. 

'Establishing our transition management footprint in Australia further extends our global capabilities,' said Ben Jenkins, global head of transition management at Northern Trust Capital Markets.

‘Today’s uncertain, often complex environment means our clients require sophisticated, bespoke solutions for their portfolio transitions,' he said. 

Northern Trust's transition management team provides customised trading solutions, project management and the mitigation of costs and risks in their transitions.