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Asset Servicing Expert

Jessica Donohue

Head of Product Management for Asset Servicing

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Jessica T. Donohue is an Executive Vice President and Head of Product Management for Asset Servicing at Northern Trust. In this role, she leads a global team of product executives delivering custody, administration, fiduciary, and data solutions for institutional clients. Her responsibilities include setting strategy and overseeing product development to ensure Northern Trust’s offerings deliver meaningful value to clients and align closely with the firm’s growth priorities.

 

Jessica is an industry-recognized innovator with over 25 years of experience in financial services. Prior to joining Northern Trust, she spent nearly 23 years at State Street Bank and Trust Company, where she held several senior global leadership roles. These included serving as Global Head of the Asset Owner Segment, Head of Global Investment Insights, Sustainability and Impact, Head of the Global Clients Division, Head of Performance and Analytics, and Head of State Street Associates, a research partnership with leading academics.

 

In her last role at State Street, Jessica was responsible for leading the firm’s sustainability and impact priorities, helping clients navigate macroeconomic forces and their own sustainability journeys. She was widely recognized as a thought leader and advisor to businesses, clients, and the industry at large.

 

Jessica holds a PhD in Economics from the University of Minnesota and has held teaching positions at Brandeis University and the University of Minnesota. Her academic research has been published in the International Economic Review, Emerging Markets Review, and Finance Research Letters.

 

She currently serves on several private and nonprofit boards, including Visual1st, the Berklee City Music Advisory Board—which supports educational opportunities for talented youth in underserved communities—and the Advisory Board of the Heller-Hurwicz Economics Institute at the University of Minnesota.