Northern Trust Announces Leadership Changes
07 Fevereiro 2024 - 10:23AM
Business Wire
Northern Trust announced that Clive Bellows, currently Head of
EMEA Global Fund Services, will assume the role of President,
Europe, Middle East and Africa (EMEA). The move will take effect in
the coming months, pending regulatory approval.
Bellows will succeed Teresa Parker, President, Europe, Middle
East and Africa, who plans to retire at midyear, culminating a
42-year, globe-spanning career at Northern Trust.
“Teresa has been a tremendous partner in all aspects of our
business, and we thank her for ably representing Northern Trust
with professionalism, integrity and consummate leadership,”
Chairman and Chief Executive Officer Michael O’Grady said. “Clive
brings a wealth of experience to this role and is an ideal leader
to head our EMEA region.”
Upon taking the EMEA President role, Bellows will join Northern
Trust’s Management Group and report to Pete Cherecwich, President
of Asset Servicing. His experience includes global responsibilities
for Northern Trust's private capital business lines, supporting
asset managers in achieving operational efficiency across
alternative assets, as well as Northern Trust’s fund administration
and depositary businesses across Europe. Bellows is a Certified
Investment Fund Director (CIFD) and chairs the CIFD Advisory
Committee.
Parker, who joined Northern Trust in 1982, created a strong
foundation of risk management and sustainable growth across asset
servicing, asset management and wealth management in the EMEA
region. Parker has been based in London, Singapore and Chicago and
has held numerous executive leadership roles including Chief
Operating Officer for Northern Trust’s Asset Servicing business
unit; Head of the Asia Pacific Region (APAC); and Global Head of
Securities Lending.
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 a global presence
with offices in 24 U.S. states and Washington, D.C., and across 22
locations in Canada, Europe, the Middle East and the Asia-Pacific
region. As of December 31, 2023, Northern Trust had assets under
custody/administration of US$15.4 trillion, and assets under
management of US$1.4 trillion. For more than 130 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit us on
northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust
or Northern Trust Corporation on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/terms-and-conditions.
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version on businesswire.com: https://www.businesswire.com/news/home/20240206282039/en/
Doug Holt Northern Trust (312) 557-1571 Doug.Holt@ntrs.com
Camilla Greene Northern Trust Camilla_Greene@northerntrust.com +44
(0) 207 982 2176 http://www.northerntrust.com
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