Northern Trust Asset Management in Chicago has appointed Stacy Albin to the newly created position of senior vice president, head of national sales and strategic partnerships.

Albin will be responsible for leading the national accounts team for intermediary distribution in promoting the firm's product line of ETFs, mutual funds and multi-asset class investment solutions. She will focus on developing and expanding strategic partnerships with select firms across all channels in the intermediary space.

Albin most recently worked for Ivy Investments, where she was employed for the past two decades. Her last position with the company was head of national accounts. Albin earned a bachelors degree in finance from the University of Nebraska - Lincoln.

Northern Trust Asset Management, founded in 1971, is a financial holding company with $885 billion in assets under management (AUM).