Northern Trust appoints Robert P. Browne as Chief Investment Officer. Browne comes to Northern Trust with two decades of investment experience, including executive leadership positions at ING Investment Management, Merrill Lynch and JP Morgan.
Browne, 43, is based in Chicago and reports directly to Stephen N. Potter, president of Northern Trust Global Investments.
Browne has extensive global experience, having held senior investment management positions in Japan, the United Kingdom and the United States. He fills a vacancy in the CIO position created by the retirement from Northern Trust of Orie Dudley, who had led the investment team for more than eight years.
“Bob Browne is a seasoned professional with the depth and range of experience to effectively lead our investment team at a critical time – a time of turmoil in the global financial markets, but also of great opportunity for a stable, reliable and innovative financial institution such as Northern Trust,” says Stephen N. Potter.
“With his background in global investment management, Bob combines a relentless focus on performance with excellence in risk management that will serve our institutional and personal investors well.”
“This is an exciting opportunity to lead the talented staff of a strong, growing and global multi-asset class investment manager,” says Robert P. Browne. “NTGI has a strong franchise, with core strengths in fixed income, quantitative management and multi-manager investment solutions. It has great potential for growth in active equities, capital markets and new distribution channels.”
“I look forward to working with Steve Potter and the NTGI team to realize the full promise of our asset management organization.”
L.D.