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Northern Trust Appoints Wim van Ooijen to Lead Dutch Business

^{Published on 2010-09-01 03:00:36 - Market Wire}
 

LONDON & AMSTERDAM--([ BUSINESS WIRE ])--Northern Trust (Nasdaq:NTRS) announced today that it has appointed Wim van Ooijen as Country Head Northern Trust The Netherlands, succeeding Eric Pouwels, who has been named Director of Strategic Development for Europe, Middle East and Africa (EMEA).

"We are seeing an increasing demand from institutional investors and asset managers for solutions that can support their diverse and changing requirements, not least those driven by impending regulations such as UCITS and the AIFM directive"

In his role as Country Head, Van Ooijen isresponsible 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, whojoined Northern Trust in 2004, was previously head of Northern Trusta™s Dutch relationship management team.

aThe Netherlands continues to be a key market for Northern Trust and one in which we have been increasingly successful as a corporation for many years,a said Penelope Biggs Head of Northern Trusta™s Institutional Investor Group, EMEA. aWim has a wealth of experience in supporting the sophisticated needs of our business in the region and we are delighted to promote him to lead our Dutch operations as we drive future growth.a

Pouwels who joined Northern Trust in 2005 as Head of Asset Servicing Business Development for The Netherlands will now focus on Northern Trusta™s business strategy for growth across EMEA.

aWe are seeing an increasing demand from institutional investors and asset managers for solutions that can support their diverse and changing requirements, not least those driven by impending regulations such as UCITS and the AIFM directive,a said Biggs. aErica™s role is to focus on expanding our end-to-end asset servicing and asset management solutions to support these clients, as we build our business across the EMEA region.a

Northern Trust has been servicing clients in The Netherlands since 1985. In March 2006, Northern Trust announced it had opened an office in Amsterdam in line with its strategy for serving clients as close to their home markets as possible. The office provides asset servicing and asset management solutions to institutional investors and investment managers.

About Northern Trust

Northern Trust Corporation (Nasdaq:NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2010, Northern Trust had US $3.6 trillion in assets under custody, and US$603 billion in assets under investment management. For 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit [ www.northerntrust.com ].

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.

The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

• Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission.
• Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
• Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Financial Regulator.
• Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
• Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
• The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
• The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI)and is regulated by the Australian Prudential Regulation Authority.
• The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
• The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
• The Northern Trust Company operates in China as a Representative Office and is regulated by the China Banking Regulatory Commission.
• Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
• Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.