Northern Trust has appointed Jessica Donohue as head of Asset Servicing, Americas. The new role follows her previous tenure as the global head of Product Management for Asset Servicing at the bank.

Prior to joining Northern Trust in September 2025, Donohue held senior leadership positions at State Street, including as the global head for the Asset Owner Segment, head of the Global Clients Division, and head of Global Investment Insights, Sustainability, and Impact. In her new role, she will report to Clive Bellows, co-president of Northern Trust Asset Servicing.

Donohue will be succeeded in her previous position by John Turney, who will also report to Bellows. Formerly the global head of Total Portfolio Solutions, Turney will now lead a global team of product executives to deliver custody, administration, fiduciary, and data solutions for institutional clients.