Northern Trust Wealth Management has announced two leadership changes: Glenda Pedroso will become head of banking and specialized services, and Michael Bracci will be named president of the East region. The changes will be effective March 1, 2025.
Pedroso will lead a new function that combines Northern Trust’s fortress balance sheet and sophisticated lending, deposit and liquidity solutions with specialized services for fund sponsors, professional services firms, privately held businesses and their principals. Pedroso has held numerous leadership positions during her decorated 35-year banking career, most recently serving as East region president.
Bracci succeeds Pedroso and will oversee Northern Trust’s wealth advisory teams in the East region, which encompasses Connecticut, Delaware, Florida, Georgia, Massachusetts, New York, Pennsylvania and Washington, D.C. Bracci’s career with Northern Trust spans three decades, including serving as president of the East Flo