Northern Trust Corporation

Northern Trust Onboards Alison Pain as Chief Technology Officer

Northern Trust Corporation - Alison Northern Trust Corporation, the Illinois headquartered NASDAQ listed firm has revealed the addition of new executive to its senior level leadership team. Northern Trust is one of the largest bank in United States of America and one of the oldest banks which is continuing its operation till date. The firm provides banking and financial services primarily to corporations, institutional investors and ultra high net worth individuals. According to latest announcement from the firm, it has onboarded Mrs. Alison Pain to serve in the role of Chief Technology Officer for its operations in EMEA region. In her new role as CTO – EMEA, Mrs. Pain will be located in the firm’s London office and be in-charge of providing leadership and guidance to planning, organization, direction and control of its enterprise technology business units across said market region.

Alison will be reporting locally to Mrs. Teresa Parker – President of EMEA at Northern Trust and to Mr. Tom South – Chief Information Officer at Northern Trust Corporation. The incoming executive is a veteran in banking industry having spent nearly sixteen years serving in multiple senior level leadership and management roles at two of world’s leading multinational banking service providers. According to Alison’s LinkedIn account, alongside her role as CTO for EMEA region, she is also expected to serve in role of SMF24 currently pending regulatory approval. She spent majority of her career serving in Goldman Sachs having remained at the firm for eleven and a half years and served as head of various units in EMEA region such as Technology Client Services, Technology Infrastructure for Investment Banking, Multimedia operations, Application development HCM, Corporate Services, Real Estate and Program Management Officer for select regulatory reporting projects.

Post her term with Goldman Sachs, she joined Deutsche Bank and served in the firm until taking up her current role at Northern Trust. Her notable roles under the German banking giant are Global head of Storage and Backup unit, Global Head of Unified Communications and Automation, Interim CIO of End User Compute & Global Head of Workplace Communications. Given her extensive experience in numerous senior level leadership roles for wide range of units, she is an expert in vendor management, contract negotiations and is a strong people manager with good communication and interpersonal s kills.

Commenting on Alison’s appointment, Tom South – CIO at Northern Trust Corp said “In the world of ever-changing technology, it’s crucial to be able to effectively navigate this complex landscape and respond to and anticipate our clients’ requirements. We are pleased to welcome Alison to our business. Through her broad array of technology infrastructure experience gained working across global, complex organizations, we are well placed to continue to develop and refine the future of our organization and deliver technology capabilities and solutions aligned with our clients’ needs and expectations and business strategies”.