Penny Biggs, who has had a stellar 20+ year career at Northern Trust, is to retire. Biggs, who was most recently chief strategy officer for the corporate & institutional services business, has held a variety of senior roles, including head of the institutional investor group for EMEA, and head of international distribution for asset servicing and asset management. She will be replaced by Nick Gilbert, who is currently an EVP in charge of fund accounting change initiatives, based in London.
