Northern Trust, the Chicago-based, NASDAQ-listed financial services giant, has named Belinda Burgess as head of its Channel Islands operations.
Burgess has been with the company since 2005, most recently as head of the Nordic region.
She succeeds Paul Cutts, who is to head up alternative investment services for Northern Trust Global Fund Services across Europe, the Middle East and Africa (EMEA), the company said in a statement.
As head of the Guernsey-based Channel Islands operation, Burgess oversees the office’s private equity, real estate, infrastructure and hedge fund managers. She reports to Northern Trust’s head of EMEA, Wilson Leech.
“Belinda’s leadership, supported by Paul’s focus on driving our alternative investments business will ensure we remain well placed to support our clients’ needs for sophisticated data, analytics and asset servicing solutions,” Leech said.
Cutts, meanwhile, has been with Northern Trust since 1993. In the newly-created, London-based role as head of alternatives, Northern Trust said he’ll be responsible for “ensuring Northern Trust’s products and services support the unique requirements of alternative investment clients”. He reports to Toby Glaysher, head of global fund services, EMEA.
Northern Trust is a wealth and asset manager and global custodian, with assets under management of US$887bn and assets under custody of US$6trn.