People Moves

Northern Trust Poaches State Street's Head Of Asset Owners

Amisha Mehta Deputy Editor London 8 August 2016

Northern Trust Poaches State Street's Head Of Asset Owners

The Chicago-headquartered financial services company has boosted its EMEA sales capabilities with the hire.

Northern Trust has hired Ian Hamilton to drive asset servicing sales across sectors including pension and sovereign entities in the UK, Europe and Africa.

Hamilton joins after almost seven years with State Street, where he was head of asset owners and European head of consultant relations. He previously worked at Mercer Investments.

Based in London, Hamilton will be responsible for offering the range of Northern Trust’s asset servicing and capital markets solutions to institutional investors. He will manage a team focused on pension funds and sovereign entities and report to Douglas Gee, head of sales for the company's asset servicing business in Europe, the Middle East and Africa.

Northern Trust’s asset servicing business provides solutions to institutional investors including pension schemes, corporate and financial companies, insurance companies, sovereign wealth funds, as well as global investment managers and fiduciary managers.

“We continue to see an unprecedented demand for our asset servicing, asset management and capital markets solutions,” said Wilson Leech, head of Northern Trust in EMEA. “Ian’s experience will be valuable as we continue to drive the delivery of our innovative solutions to our clients across the region.”

As of 30 June 2016, Northern Trust had $6.4 trillion of assets under custody, and $906 billion of assets under management.

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