Northern Trust has named Guy Gibson as global head of institutional brokerage, and Anna Ranaldi as global COO of institutional brokerage.
Gibson will be based in London while Ranaldi will be based in Chicago and will continue to report to Michael Vardas, global head of Northern Trust Capital Markets.
Most recently, Gibson was head of Northern Trust’s institutional brokerage for Europe, the Middle East, and Africa and the Asia Pacific.
Ranaldi joined Northern Trust in 1986 and held a number of leadership positions in asset servicing and asset management before joining Capital Markets in 2009.
Alongside her new global role, Ranaldi will retain her responsibilities as president of Northern Trust Securities, Northern Trust’s US broker-dealer.
Commenting on the appointments, Vardas said: “These newly created positions mark an important step in the evolution of Northern Trust’s Institutional Brokerage business.”
“Guy Gibson and Anna Ranaldi’s leadership and extensive experience will be invaluable as we continue to grow our global capabilities in response to significant client demand.”
Vardas added: “This is an exciting time for our brokerage business with our recently launched Integrated Trading Solutions now supporting multiple clients across the globe, from sophisticated asset owners to boutique funds, to hedge funds, through to large global asset managers.”
“The cost and operating model efficiencies achieved through this outsourced trading capability are recognised by our clients and we expect this solution to continue to grow strongly in 2019 and beyond.”
