S&P Capital IQ Power Moves

Northern Trust Corporation has appointed Steve David as country head – Luxembourg. He has been based in Northern Trust’s Luxembourg office since joining the organisation in 2004.

In his new role, David will be responsible for leading and managing the continued expansion of the organisation’s specialist fund servicing and custody operations in Luxembourg, which serves clients around the world. He replaces Ian Baillie, and will report to Toby Glaysher, head of Northern Trust’s global fund services activities in Europe, Middle East and Africa (EMEA).

Most recently, David was managing director of the Luxembourg management company. -Business Wire

Northern Trust Corporation has named Michele Havens as personal financial services (PFS) president of the Los Angeles region, including offices in Westwood and downtown Los Angeles, effective June 15, 2012. Havens succeeds Susan Mallory, newly appointed global banking practice executive.

Havens currently serves as PFS president of the Seattle region.

Dino De Vita was appointed as the new PFS president of Seattle, also effective June 15, 2012. She replaces Havens.

De Vita leads the private client services segment and is currently based in Chicago.

In their new roles, Havens and De Vita will be responsible for managing financial consulting, investment management, trust and estate planning, as well as private and business banking across their regions. They will both report to PFS West Region chief executive officer Steve Bell. -Business Wire

Northern Trust Corporation announced that it has appointed Belinda Burgess as head of the Nordic region.

Burgess, who is based in Stockholm, replaces Madeleine Senior who has been appointed as head of sales for Northern Trust’s asset servicing business in Europe, Middle East and Africa (EMEA).

In her new role, Burgess is responsible for managing the growth and development of Northern Trust’s business activities across Sweden, Finland, Norway and Denmark. She reports to Penelope Biggs, head of the institutional investor group for EMEA, and will work closely with John Krieg, managing director of Northern Trust’s asset management business in EMEA.

Burgess joined Northern Trust in 2005 and was most recently a senior executive within Northern Trust’s Global Fund Services business.

In her new role, Senior will report to Wilson Leech, CEO for Northern Trust in EMEA.

Senior was appointed to lead Northern Trust’s development in the Nordic region when it opened a branch office in Stockholm, in September 2009. -Business Wire

Northern Trust Corporation announced that Dave Sauvarin has been appointed managing director of its Jersey office. He replaces Paul Guilbert, who has been appointed as head of private equity in Guernsey.

In his role, Sauvarin is responsible for managing Northern Trust’s Jersey office, which provides specialist services and expertise for a range of traditional and alternative assets including real estate, private equity, infrastructure funds, hedge and fund of hedge funds administration.

Sauvarin was most recently head of Northern Trust’s UK listed real estate administration team in Guernsey. -Business Wire

Northern Trust Corporation announced that Robert P. Morgan has been named managing director, to lead the new Northern Trust alternatives group, formed to develop and manage all alternative investment products, including hedge and private equity funds of funds, for institutional and personal clients.

Morgan is previously director of private equity. He has more than 20 years of financial industry experience and has invested in private equity funds covering the buyout, venture capital, real estate and international markets. -Business Wire

Bill Kincaid has joined Northern Trust Corporation to lead transition management sales, distribution, and relationship management in North America. He will report to Grant Johnsey, head of transition management North America.

Kate Lander has taken a similar role for the Europe, Middle East and Africa (EMEA), and Asia-Pacific (APAC) regions. She will report to Simon Hutchinson, head of transition management for those regions.

Prior to joining Northern Trust, Kincaid spent over 20 years in the institutional brokerage, asset management and asset servicing industry, and recently was part of the transition management sales team at BNY ConvergEx.

Lander has been at Northern Trust for six years, most recently as the head of fixed income trading for global securities lending in London. -Business Wire

Northern Trust Corporation announced that it has made two key appointments to lead the development of its expanded asset management capabilities in Hong Kong.

Patrick Dwyer has been appointed senior portfolio manager in the global index equity team.

Dwyer will be responsible for the management of international index portfolios. He transferred from Northern Trust’s Chicago office in March and has been involved in setting up the portfolio management capability and hiring.

Craig Annakin joins Northern Trust as head of Asian dealing.

Anakin will be responsible for setting up the new Asian dealing desk. He joined Northern Trust in May from Deutsche Asset Management. -Business Wire

Northern Trust Corporation announced that Jason Tyler will be named head of corporate strategy and market development. He replaces Caroline Devlin.

Tyler, who will join Northern Trust on September 6, is currently senior vice president, director of research operations, and a member of the investment committee at Ariel Investments in Chicago. He will report to Northern Trust chairman and chief executive officer Frederick H. Waddell.

Devlin, who will move to the personal financial services (PFS) business unit, will guide the refinement of PFS strategic goals, including plans to build upon the unit’s international wealth management business. She will report to PFS president Jana Schreuder. -Business Wire

Northern Trust Corporation announced the appointment of John F. Hoffman as president of its New York personal financial services business.

Hoffman will manage all aspects of Northern Trust’s New York personal financial services business, including client service and new client development. He reports to Northeast Region president and chief executive officer Jeff Kauffman.

Hoffman joined Northern Trust in 2003 when the firm opened its New York office. -Business Wire

Northern Trust Corporation announced that it has strengthened its investment operations outsourcing, fund administration and accounting capabilities in Australasia with two senior appointments.

Nadia Ivanova has assumed the newly-created role of head of global fund services for Australasia and Vicki Martyn joins Northern Trust as a senior relationship manager.

Ivanova is a 17-year veteran of fund services at Northern Trust, with a record of building strong operations and client service teams in Europe and the United States. Prior to Australia, she was based in London and led the Northern Trust global fund Administration operation for EMEA and Asia-Pacific. She leads a growing group of professionals supporting investment operations outsourcing, fund administration, accounting and tax services for both local and global investment managers.

Martyn joins Northern Trust with more than 20 years of industry experience. She brings extensive fund administration, custody and relationship management expertise having previously served in a variety of senior management positions in the local market place. -Business Wire

Northern Trust Corporation announced that it has appointed Kristina Ilar as investment sales director for Northern Trust Global Investments.

Ilar, who is based in Northern Trust’s Stockholm office, will support NTGI’s business development opportunities across the Nordic region, offering asset management products and solutions to corporate and public pension funds, sovereign wealth funds, insurance companies, financial institutions, charities, central banks and other eligible professional investors across the region.

Ilar was previously director – client relationship management/business development with UBS Asset Management and executive director head of Nordic institutional sales with Morgan Stanley Investment Management. -Business Wire

Northern Trust Corporation announced that it has appointed Wilson Leech as CEO for its Europe Middle East and Africa (EMEA) region, based in London.

In his new role, Leech is responsible for overseeing all of Northern Trust’s businesses in EMEA which provide asset servicing and asset management solutions and services to institutional and ultra-high net worth clients across the region. He succeeds Biff Bowman, who will assume the position of head of Americas for the corporate & institutional services. Bowman replaces Lee Selander.

Leech, who was previously head of Northern Trust’s global fund services group, joined Northern Trust in 2004, to head the company’s global fund services business.

Bowman, who was appointed CEO in 2008, will now return to Chicago. He has worked at Northern Trust for 25 years, holding various positions across the globe. -Business Wire

Northern Trust Corporation has appointed Wim van Ooijen as country head for The Netherlands. He succeeds Eric Pouwels, who has been named director of strategic development for Europe, Middle East and Africa.

Van Ooijen is responsible for all asset servicing business development, sales and client activities across the Netherlands and will also serve as the primary contact for the regulators.

Van Ooijen, who joined the company in 2004, was previously head of Northern Trust’s Dutch relationship management team. -Hedgeweek

Northern Trust announced that William Mak has been appointed Singapore country manager and head of South East Asia region.

As the senior executive responsible for the coordination of all business activities in the South East Asia region, Mr. Mak reports to Teresa A. Parker, chief executive officer of the Asia Pacific Region for Northern Trust, who is also based in Singapore.

Mr. Mak comes to Northern Trust with more than two decades of experience in the financial services industry in Singapore, most recently as managing director for Bank of New York Mellon Asset Management in the region. Before joining Northern Trust, he was managing director South East Asia for Bank of New York Mellon Asset Management in Singapore since 2008. -Business Wire

Northern Trust announced that Kurt Koehler has joined the company as senior vice president and senior personal trust relationship manager.

Koehler will be responsible for providing customized trust and estate planning services to the high net worth community. He reports to Joanie Stringer, managing director of Northern Trust’s personal financial services in Connecticut.

Koehler has more than 10 years of experience in trust and estate planning. Previously, he served as senior vice president and market trust director for U.S. Trust, Bank of America where he advised families in multi-generational estate and tax planning and trust administration. -PR Newswire

Northern Trust announced that financial services industry veteran Lyle Logan will lead a new global financial institutions group which will leverage Northern Trust’s global presence to strengthen relationships with the world’s largest financial institutions in order to maximize business growth and revenue opportunities in the segment.

As leader of the global effort, Logan will coordinate with Northern Trust regional heads, country leaders and product management and business unit partners to identify current business and financial relationships that can be developed for the benefit of Northern Trust and its institutional and personal clients. -PR Newswire

Northern Trust announced that David Blowers has been named president and chief executive officer for the company’s personal financial services business in the Midwest region.

In his new role, Blowers will oversee all wealth management operations in the company’s Midwest offices. He reports to personal financial services president Sherry Barrat.

Blowers was previously president of personal financial services in Illinois, a role he held since 2003, serving the complex needs of affluent individuals, families and business owners. -PR Newswire

Northern Trust has named Richard Barnett as the new chief investment officer of its personal financial services in the western region.

In the role, Mr. Barnett is responsible for managing investment policy, asset allocation, portfolio construction and client service for client portfolios for the western region of Northern Trust. He is a member of Northern Trust’s global investment policy committee, and reports to Steven Bell, chairman and CEO of the western region.

Mr. Barnett joined Northern Trust in 2002 and served as senior portfolio manager for the foundation and institutional advisory services group. In 2007, he took on additional responsibilities as senior investment officer for the Los Angeles region.

Prior to joining Northern Trust, Mr. Barnett was vice president and director of equities at City National Investment Advisors, and before that held senior positions with SSI Investment Management and Leland O’Brien Rubinstein Associates. -Datamonitor NewsWire

Northern Trust announced that it has named Sheldon Anderson as regional chief executive officer. Anderson will report to Sherry Barrat, president of Northern Trust’s personal financial services business unit.

Anderson, the Miami-Dade county president, will assume responsibility for the company’s personal financial services business in the Southeast region, including Florida and Georgia.

Anderson succeeds William L. Morrison as head of the Southeast region.

Morrison, who had served as co-president of personal financial services based in Miami, was recently named Northern Trust chief financial officer and will relocate to the company’s headquarters in Chicago. -PR Newswire

Northern Trust Corporation announced that Teresa A. Parker has been appointed chief executive officer of the Asia-Pacific region, replacing Gregg D. Behrens, who will retire on November 30, 2009. Based in Singapore, Ms. Parker will be responsible for all business activity in Northern Trust’s Asia-Pacific offices, located in Bangalore, Beijing, Hong Kong, Melbourne, Singapore and Tokyo.

Ms. Parker, who joined Northern Trust in 1982, has held leadership positions in global custody operations including serving as the head of worldwide asset servicing, securities lending and chief operating officer for Europe, Middle East and Africa.

Ms. Parker comes to the Asia-Pacific region from Northern Trust’s London office, where she has held leadership roles over the past 15 years, most recently as executive vice president and head of client servicing for Europe, Middle East and Africa.