Northern Trust Names Investment Outsourcing Head

Marc Mallett was named product manager of investment operations outsourcing in the Americas at Northern Trust.

In this new role, created to address the growing demand for middle office services, Mallet will leverage Northern Trust’s global operating model and deliver a single product approach for investment managers across regions who seek to control costs while pursuing global asset growth. He will work closely with Les Beale, manager of investment operations outsourcing product in Europe, the Middle East and Africa (EMEA) and Asia-Pacific.

Mallett has served as global head of client implementations for the division since he joined Northern Trust in 2010. He has 15 years’ experience in leadership positions at investment management, technology and consulting companies such as Citisoft and Fidelity Investments.