Allison Coleman Joins Northern Trust North America Asset Servicing Sales Team

Northern Trust says that Allison Coleman has joined the North America Asset Servicing Sales team, focusing on the not for profit segment including foundations, endowments and healthcare organisations. Based in New York, Coleman reports to Jeff Conover, the senior vice

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Northern Trust says that Allison Coleman has joined the North America Asset Servicing Sales team, focusing on the not-for-profit segment including foundations, endowments and healthcare organisations. Based in New York, Coleman reports to Jeff Conover, the senior vice president and head of North American sales.

“Not-for-profit institutions are a strategic focus area for Northern Trust, and Allison brings a strong background in new business development that will help us maintain our excellent momentum in this segment,” says Conover. “Northern Trust’s fiduciary heritage, our expertise in servicing this important client base and our innovative technology and operations solutions for sophisticated investors like these provides a solid base for continued growth in this marketplace.”

Coleman joins Northern Trust from JPMorgan Chase Bank, Worldwide Securities Services where she led new business development in the not-for-profit segment. Coleman previously worked in institutional sales for Royal Bank of Canada.

“Bringing on additional talent to ensure increased focus on foundations, endowments and other not-for-profit institutions is a natural step in expanding our North American sales team,” adds Penelope Biggs, the Executive Vice President and head of worldwide asset servicing business development for Northern Trust. “Over the next few months, in order to capitalise on the tremendous growth opportunities we are seeing in the asset servicing business, we will be adding to our sales teams across the corporate, public funds and global fund services segments.”

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