NT expands TM team

Northern Trust has this week expanded its transition management team with another key hire, appointing Mike Mahoney as a transition manager for Europe, Middle East and Africa (EMEA).

Northern Trust says this latest addition highlights its continued investment in its capital markets business which encompasses transition management, institutional brokerage, foreign exchange and securities lending services.

Based in London, Mahoney will focus on transition management services for insurance companies and financial institutions across the region. He will be responsible for all aspects of the transition event life cycle, encompassing assignment origination, relationship management, execution strategy and end-to-end project management. He reports to Craig Blackbourn, appointed head of transition management for EMEA in January 2017. 
  
Mahoney joins from State Street Global Markets where he was a transition manager and portfolio trader for the last eight years.