Northern Trust Expands European Transition Management Team
January 09 2017 - 5:12AM
Business Wire
Key Hire Supports Investment in Capital Markets
Business
Highlighting its commitment to its transition management
business, Northern Trust (Nasdaq: NTRS) has hired Craig
Blackbourn as head of transition management for Europe, Middle
East and Africa (EMEA).
This latest appointment supports Northern Trust’s continued
investment in its global Capital Markets business which encompasses
transition management, brokerage, foreign exchange and securities
lending services.
In his new role, Blackbourn is responsible for offering
institutional investors across the region transition management
solutions that combine risk and project management with global
trading expertise.
“Northern Trust is growing our global Capital Markets business
and Craig’s appointment demonstrates our commitment to investing in
our transition management capabilities for clients across EMEA,”
said Andy Clayton, head of Northern Trust Capital Markets EMEA.
“Northern Trust deploys a diversity of talent to each transition,
bringing expertise from a suite of capital markets products to find
the right solution to support our clients’ requirements.”
Blackbourn joins Northern Trust from Nomura International, where
he was head of transition management, EMEA. During his career, he
has also worked at Lehman Brothers, BNP Paribas Securities
Services, Aberdeen Asset Management and both the custody and asset
management businesses of Deutsche Bank. He brings more than 22
years of financial services experience to Northern Trust and
reports to Ben Jenkins, global head of transition management at
Northern Trust.
“We are delighted about Craig joining our global team and look
forward to his leadership for the EMEA transition management
business,” said Jenkins. “Northern Trust’s heritage of risk
management is built into the execution of our transitions no matter
the complexity of the event. It is this approach, combined with our
ability to provide a customised capital market solution for each
transition, as well as our ability to hire industry experts, such
as Craig, that sets us apart.”
As further evidence of Northern Trust’s commitment to the
Capital Markets business, it acquired an institutional equity
brokerage business in 2016 to expand capabilities across the EMEA
and Asia-Pacific regions. Northern Trust also announced an
exclusive partnership with BEx LLC, a leading provider of software
solutions in the financial technology sector, to deliver innovative
foreign exchange (FX) solutions to meet the growing needs of its
clients as they evolve their trading strategies and require
increasingly sophisticated support and expertise.
Northern Trust has a 30-year track record of providing capital
market solutions in foreign exchange, securities lending,
transition management and institutional brokerage services to its
diverse global client base. It has more than 350 employees
dedicated to providing capital markets services worldwide from
offices in Chicago, New York, San Francisco, Toronto, London,
Singapore, Hong Kong, and Sydney.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has offices in the
United States in 19 states and Washington, D.C., and 22
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of September 30, 2016 Northern Trust had
assets under custody of US$6.7 trillion, and assets under
management of US$946 billion. For more than 125 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
© 2016 Northern Trust Corporation. Head Office: 50 South La
Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with
limited liability in the U.S. Products and services provided by
subsidiaries of Northern Trust Corporation may vary in different
markets and are offered in accordance with local regulation. For
legal and regulatory information about individual market offices,
visit northerntrust.com/disclosures.
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version on businesswire.com: http://www.businesswire.com/news/home/20170109005544/en/
Northern TrustEurope, Middle East, Africa &
Asia-Pacific Contact:Camilla Greene+44 (0) 207 982
2176Camilla_Greene@ntrs.comorUS & Canada Contact:Tim Hacker+1
312 557 6090Tim_Hacker@ntrs.comhttp://www.northerntrust.com
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