Northern Trust has named Marisa Kurk as chief operating officer of its global FX business.
Based in Chicago, the bank says Kurk will drive the day-to-day enablement of GFX business strategy and operations, capitalising on strategic technology and product capabilities gained through acquisitions and partnerships. She brings more than 15 years of industry experience, in FX operating and strategic risk management frameworks, including the management of legal and regulatory risks, as well as market best practices, controls and client servicing.
Prior to joining Northern Trust, Kurk served as COO of Belvedere Trading and COO and senior managing director of currency management at Mesirow Financial.
“Marisa brings excellent industry experience to Northern Trust and will accelerate the execution of our FX strategy and delivery of innovative solutions to clients,” says John Turney, head of global foreign exchange at Northern Trust. “Marisa is a key leader to help drive our investment in technology and continued focus on the client experience across our FX platform.”
Northern Trust last year acquired FX execution software provider BEX, it also entered into a partnership with Lumint Corporation to deliver currency management solutions with portfolio, share class and look-through hedging services, complemented by transparency and analytical tools.