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Capital Allocators – Inside the Institutional Investment Industry

Jan 23, 2023

Shundrawn Thomas, President of Northern Trust Asset Management, where he oversees the $900 billion organization. Shundrawn joined Northern Trust Corporation in 2004 and rose to the leadership team in 2008. Over the last 8 years, he has hired and promoted much of Northern Trust Asset Management’s executive team, whose fifteen members include nine women and minorities.

Shundrawn is deeply involved in diversity efforts across the industry and was named one of this year’s Most Influential Black Executives in Corporate America and previously one of the Most Powerful Blacks on Wall Street.

Our conversation covers Shundrawn’s early career and issues of race, the culture that drew him into to Northern Trust, and examples of unconscious bias. We turns to his values-based methodology to foster change across recruiting, mentorship, promotion, leadership and performance at Northern Trust, and we close with his perception of how the renewed interest in diversity provides an opportunity for businesses to take action.

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