Northern Trust appoints Blackrock veteran to lead institutional client group

Northern Trust Asset Management (NTAM) will add client services expertise to its global institutional client group, appointing ex-Blackrock veteran Lyenda Simpson Delp to its senior leadership team.

As the new head of NTAM’s global institutional client group, Simpson Delp will be responsible for leading the “strategic direction and commercial success” of the firm’s institutional businesses across the Americas, Europe and the Middle East (EMEA), and Asia-Pacific (APAC) regions.

Joining NTAM’s leadership team, Simpson Delp will report directly to NTAM president Daniel Gamba.

NTAM welcomed Simpson Delp as an “accomplished industry leader”, noting her more than 30 years in the asset management and the financial services space.

She joins NTAM from BlackRock, where she served more than 15 years across a number of client-focused leadership roles, most recently as head of Financial Institutions Group for the Americas. She was also a member of the Human Capital Committee and Firmwide Operating Risk Controls Committee.

Previously, she was as a client portfolio manager at Goldman Sachs Asset Management as part of the outsourced chief investment officer (OCIO) team covering portfolios of global institutions.

NTAM, which manages more than US$1.2 trillion, boasts more than US$900 billion of institutional assets, including under management serving pension funds, sovereign wealth funds, insurance companies, nonprofits, family offices, corporations and consultants, as at 30 June 2024.