Northern Trust Appoints Clayton DaSilva to Drive Growth in the Middle East

Northern Trust announced today that it has hired Clayton DaSilva as sales manager, Middle East.

Based in Abu Dhabi, DaSilva is responsible for leading Northern Trust’s business development in the Middle East and supporting business development in Africa, offering Northern Trust’s asset servicing and capital markets solutions to sovereign wealth funds, central banks, asset management companies and corporate clients. He will report to Douglas Gee, head of sales in Europe, the Middle East and Africa (EMEA) at Northern Trust.

DaSilva joins from JPMorgan Chase where he was most recently an executive director, responsible for investor services relationship management and business development. He has more than 18 years of financial services experience across Europe, the United States and the Middle East.

"Northern Trust has seen very strong growth in assets under custody and administration over the last three years in the Middle East, and we are committed to expanding our presence in the region,” said Sheldon Woldt, head of Northern Trust in the Middle East. "Clayton will support our business development in the region and his experience and market knowledge will ensure we remain exceptionally well-positioned to meet the unique needs of our clients in the region.”

Over the past five years, Northern Trust has grown its Middle East business with a series of strategic appointments across its consulting, fund accounting, investment operations, wealth management, and asset management functions. It also recently appointed Mona Al Hussain as a relationship manager in its Riyadh office.

Northern Trust has been serving clients across the Middle East since 1987, providing asset servicing and asset management expertise. In addition to an office in Riyadh, capital city of the Kingdom of Saudi Arabia that opened in 2013, Northern Trust also has an office in Abu Dhabi, United Arab Emirates.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, 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 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2016, Northern Trust had assets under custody of US$6.2 trillion, and assets under management of US$900 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.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.

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