Northern Trust Announces Senior Appointments in its Global Family & Private Investment Office Group in London

Northern Trust (Nasdaq: NTRS) has made two new appointments in its Global Family & Private Investment Offices team in London to support the increasingly complex needs of ultra-high net worth families and their family offices and family foundations across Europe, Middle East and Africa (EMEA).

These latest appointments come as the Global Family & Private Investment Offices business continues to grow in EMEA. In the first half of 2016, the group increased its new client base by close to 20%.

Vignesh Vijayakumar has been appointed as senior relationship manager for Northern Trust’s Global Family & Private Investment Offices group. In this newly created position, Vjayakumar will be responsible for supporting Northern Trust’s ultra-high net worth clients across EMEA. He joined Northern Trust from Royal Bank of Canada where he worked as an associate director. Vijayakumar trained as a Chartered Accountant in India and is a Chartered Member of the Securities & Investment Institute, UK and CPA Australia.

Yovan Dabee has been hired as senior wealth strategist. He will focus on increasing awareness of Northern Trust's specialist wealth management solutions across EMEA. During his career, Dabee worked for several banks across Europe including Morgan Stanley, Barclays and BNP Paribas. He joined Northern Trust from Santander where he was a senior private banker.

"We are delighted to make these two new appointments underlining our continued commitment to families across EMEA and our growing business,” said Lesley Hodgson, head of Northern Trust’s Global Family & Private Investment Offices group in EMEA. "Vignesh and Yovan bring years of experience and understand the sophisticated needs of families and their advisors and will ensure we continue to be well positioned to best help our clients meet their sophisticated needs.”

Founded in 1982, the Global Family & Private Investment Offices group has a focused commitment to families of significant wealth, their private foundations and the family offices that serve them. It works with more than 400 families across the globe, with average assets per family under custody of US$770 million.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, and affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2016, Northern Trust had assets under custody of US$6.4 trillion, and assets under management of US$906 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

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