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Two Senior Hires At Northern Trust

Eliane Chavagnon

2 February 2017

Northern Trust has appointed Clint Zweifel as chief operating officer at its St Louis, MO, wealth office. It is unclear if this is a new role; Family Wealth Report is seeking further details.

Zweifel - formerly Missouri State Treasurer since 2009 - has businesses development duties throughout the state and will report to Thomas Collins, head of the St Louis branch.

Before his stint as Missouri State Treasurer, Zweifel was a member of the State House of Representatives from 2002 until 2009.

His service to Missouri also includes civic positions, including several on-going ones: board secretary, Missouri Board of Fund Commissioners; trustee, State Employees Retirement System; commissioner, Housing Development Commission; and chairperson, Pension & Trust Committee of the National Association of State Treasurers.

Meanwhile, Northern Trust has also recruited Melanie Pickett as head of front office solutions.

This is a new line of business within asset servicing that addresses the operational and technology needs of complex asset allocators - such as foundations and family offices - globally.

Pickett has around 15 years of experience in senior operations and technology roles, most recently as chief operating officer at Emory Investment Management. She also spent over a decade managing operations and technology strategy for Morgan Stanley’s global wealth division. 

“The needs of global asset owners and allocators have changed dramatically over the last decade and continue to rapidly evolve,” said Pete Cherecwich, president of corporate and institutional services at Northern Trust. “It is critical we lead with a forward-looking operational and technology solution, combined with a first-class service offering to meet a complex set of investor expectations – especially in the highly challenging area of alternative investments.”