Northern Trust Asset Management (NTAM) has named Paul Clark as Global Head of Stewardship, in charge of enhancing the firm’s active ownership approach and driving strategy and initiatives that align with an increasingly diverse range of clients and marketplaces. Clark joins NTAM following three decades at UBS Asset Management in London, where he was appointed head of stewardship in 2015, having previously been deputy head of the team since 2006. He has more than 35 years of industry experience, as well as specific knowledge of engagement and proxy voting policies, which NTAM hopes will bolster the long-term financial interests of its clients. Clark has also served as a member of the Investment Association’s Stewardship Reporting Working Group and of the European Fund and Asset Management Association’s ESG & Stewardship Committee. NTAM intends to further expand its stewardship team under Clark’s leadership, with plans to add new roles in several markets globally this year. “Paul’s expertise will be a tremendous asset to NTAM as we continue to grow our global stewardship team,” said Sheri Hawkins, Head of Investment Platform Services at NTAM. “[Our] investment stewardship team is committed to serving the long-term financial interests of our clients [and] I am confident that Paul’s leadership and deep industry experience will help us achieve and exceed our clients’ investment goals.”
