Regulatory approval for Northern Trust’s asset management unit, Northern Trust Global Investments (NTGI) supports its strategy to enhance the business across Europe, Middle East and Africa.
The approval also enables NTGI to expand its product offering for clients throughout the Benelux region (Belgium, The Netherlands and Luxembourg) where asset servicing capabilities have been offered from its Amsterdam branch office since March 2006.
To support NTGI’s expansion, Gerard van Leusden and Arnaud Bizet have been appointed as senior business development directors responsible for building new asset management relationships across the Benelux region with focus on pension funds and asset management groups.
Van Leusden and Bizet will work alongside Liisa Salojarvi, who has advised NTGI’s Benelux clients from London for a number of years, and will be supported by NTGI’s UK team of relationship managers.
Van Leusden and Bizet will join from Blackrock, previously BGI, in Amsterdam where they were sales and relationship management directors. Together they bring over 20 years of combined experience in the investment management industry.
NTGI managing director of Europe, Middle East and Africa John Krieg said that through this expansion, Norther Trust can offer the local market direct access to the investment expertise and array of asset management solutions in addition to the variety of custody and fund administration services already offered in the Benelux region.