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Northern Trust Adds London-Based Managing Director to Build Global Family Office Team


Published on 2012-05-07 21:20:38 - Market Wire
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CHICAGO--([ ])--[ Northern Trust ] (Nasdaq: NTRS) has named Daniel F. Lindley to the London-based role of Managing Director, Global Family & Private Investment Offices Group a" EMEA and APAC. Lindley will assume the newly created position on July 1st, 2012. Lindley currently serves as President of The Northern Trust Company of Delaware, a limited purpose trust company in Wilmington, Del., a position he has held since 2005.

"Northern Trust is well positioned to grow its family and private investment office services in Europe, the Middle East and the Asia Pacific Region given our outstanding capabilities in asset servicing and fiduciary management"

In his new role, Lindley will manage the expansion of Northern Trustas business with family and private investment offices in Europe, the Middle East and the AsiaPacific Region, and will have operational oversight of the groupas activities in London and Guernsey. Lindley will also continue in his role as Chief Fiduciary Officer for Northern Trustas Guernsey trust company, Northern Trust Fiduciary Services (Guernsey) Limited.

Lindley will report to J. Jeffery Kauffman, Chief Executive Officer, Global Family & Private Investment Offices. He will work closely with Caroline Devlin, Director of International Solutions on business strategy and expansion. Charlotte Denton, Managing Director, London, and Lesley Hodgson, Managing Director, Guernsey, will report to Lindley.

aNorthern Trust is well positioned to grow its family and private investment office services in Europe, the Middle East and the Asia Pacific Region given our outstanding capabilities in asset servicing and fiduciary management,a Kauffman said. aNew and existing clients will benefit from Danas insightful leadership and deep expertise in these areas.a

Prior to joining Northern Trust in 2005, Lindley was managing director and trust counsel at U.S. Trust Company of Delaware. He was also responsible for the national development of U.S. Trust's Delaware trust business.

Lindley spent 25 years in private law practice in Delaware, beginning his career in 1975 with Potter Anderson & Corroon LLP and later as a partner in the Delaware offices of Duane Morris LLP and Reed Smith LLP. During that time, he assisted institutional clients with fiduciary product development and fiduciary litigation, as well as the enactment of Delaware legislation dealing with fiduciary law. In that role, he was the principal author in 1997 of the Qualified Dispositions in Trust Act, Delaware's asset protection trust statute, and the 1995 legislation repealing Delaware's Rule Against Perpetuities.

Lindley holds a law degree from the University of Virginia School of Law and a bacheloras degree, magna cum laude, from Williams College. Admitted to the bars of the Supreme Court of the State of Delaware and the United States Supreme Court, Lindley is a member of the Asset Protection Planning Committee of the Real Property, Trust and Estate Law Section of the American Bar Association. He is also a member of the Society of Trust and Estate Practitioners (STEP), the Estate Planning Council of Delaware, and the Estates and Trusts Section of the Delaware State Bar Association. Lindley is Chairman of the Executive Board of the Blood Bank of Delmarva, Inc.

Northern Trustas Personal Financial Services is a premier wealth management firm that specializes in goals-based financial advice. We offer clients fresh perspectives and creative thinking, backed by cutting-edge technology and a strong fiduciary ethos. Northern Trust is ranked among the top 10 U.S. wealth managers with $179.1 billion in assets under management as of March 31, 2012 and more than 70 offices across the United States and abroad.

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 March 31, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$716.5 billion. For more than 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 ] or follow us on Twitter @NorthernTrust.

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