Northern Trust appoints Rima Qureshi to board of directors
CHICAGO, October 20. Northern Trust (Nasdaq: NTRS) announced the appointment of Rima Qureshi to its board of directors, effective immediately. Qureshi previously served as executive vice president and chief strategy officer at Verizon Communications Inc. Michael O’Grady, chairman and chief executive officer of Northern Trust, stated that Qureshi’s global perspective, technology expertise, and experience in highly regulated industries will support the company’s long-term growth strategy. Qureshi brings nearly four decades of experience in strategy and business leadership across global telecommunications and payments companies. She joined Verizon in 2017, where she helped establish the company’s strategic direction during periods of industry change. Before her tenure at Verizon, Qureshi spent 23 years at Ericsson, serving as chief strategy officer and later as chief executive officer of Ericsson North America. Her board experience spans more than 15 years across the telecommunications, retail, and financial services sectors. This includes a 15-year tenure on the board of Mastercard Incorporated. Qureshi currently serves on the boards of BT Group plc, a leading telecommunications provider in the United Kingdom; Loblaw Companies Limited, the largest food and pharmacy retailer in Canada; and Swift, also known as the Society for Worldwide Interbank Financial Telecommunication. Northern Trust, founded in Chicago in 1889, provides wealth management, asset servicing, asset management, and banking services. The company maintains offices in 24 U.S. states and Washington, D.C., as well as 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region. As of June 30, 2026, Northern Trust reported assets under custody or administration of US$20.0 trillion and assets under management of US$2.0 trillion.
CHICAGO, October 20. Northern Trust (Nasdaq: NTRS) announced the appointment of Rima Qureshi to its board of directors, effective immediately. Qureshi previously served as executive vice president and chief strategy officer at Verizon Communications Inc. Michael O’Grady, chairman and chief executive officer of Northern Trust, stated that Qureshi’s global perspective, technology expertise, and experience in highly regulated industries will support the company’s long-term growth strategy. Qureshi brings nearly four decades of experience in strategy and business leadership across global telecommunications and payments companies. She joined Verizon in 2017, where she helped establish the company’s strategic direction during periods of industry change. Before her tenure at Verizon, Qureshi spent 23 years at Ericsson, serving as chief strategy officer and later as chief executive officer of Ericsson North America. Her board experience spans more than 15 years across the telecommunications, retail, and financial services sectors. This includes a 15-year tenure on the board of Mastercard Incorporated. Qureshi currently serves on the boards of BT Group plc, a leading telecommunications provider in the United Kingdom; Loblaw Companies Limited, the largest food and pharmacy retailer in Canada; and Swift, also known as the Society for Worldwide Interbank Financial Telecommunication. Northern Trust, founded in Chicago in 1889, provides wealth management, asset servicing, asset management, and banking services. The company maintains offices in 24 U.S. states and Washington, D.C., as well as 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region. As of June 30, 2026, Northern Trust reported assets under custody or administration of US$20.0 trillion and assets under management of US$2.0 trillion.