Lyenda Simpson Delp was named head of the global institutional client group at Northern Trust Asset Management, effective Dec. 3.
In this role, she will “lead the strategic direction and commercial success” of NTAM’s institutional businesses in the Americas, Europe and the Middle East, and Asia-Pacific regions, said a Sept. 25 news release.
Delp will succeed John Abunassar, who has retired, said a NTAM spokesperson.
Delp, who will report to NTAM President Daniel Gamba, most recently served as head of the financial institutions group for the Americas at BlackRock. She was employed at BlackRock for 15 years.
A spokesperson for BlackRock said Mark Erickson, global head of the financial institutions group, will assume Delp’s responsibilities upon her departure.
NTAM had more than $900 billion of institutional assets under management as of June 30. On the whole, NTAM had $1.2 trillion in AUM as of that date.
