Northern Trust has appointed Penelope Biggs to the new role of Institutional Investor Group head for Europe Middle East and Africa (EMEA).
Biggs joined Northern Trust in 1996 and was previously head of business development, marketing, product and strategy for Northern Trusts asset servicing business in EMEA. Biggs also chairs Northern Trusts Retirement Solutions Practice.
Penny has been instrumental in developing our asset servicing business in EMEA, said Biff Bowman, CEO of Northern Trust in EMEA. We are delighted to appoint Penny to this new role where she can utilise her extensive experience to support our clients needs.
Biggs takes on an expanded role from Peter Holman, who has been named Chief Administration Officer for EMEA. In this newly created role, Holman will oversee Northern Trusts EMEA product team as well as the Investment Risk and Analytical Services group. He has over 25 years of industry experience and joined Northern Trust in 1995.
We have seen our clients requirements become increasingly sophisticated as they focus on solutions that can help them manage risk from products designed to help manage regulatory reporting requirements to those that satisfy demands for transparency and integrated reporting data, said Bowman.
By creating this new role, which aligns the product and risk teams together under Peter, we are better positioned to continue providing our clients with innovative and market-leading solutions that cater to their evolving requirements.
Click here for Biggs’ GCLegend Profile