Northern Trust signals EMEA/APAC expansion

Northern Trust has signalled expansion of its personal financial services business into Europe, the Middle East, Africa and Asia-Pacific by changing the role of one of its top executives.

Jeffrey Kaufman, President and Chief Executive Officer of Northern Trust’s personal financial services business for the US in the north east, will have his role expanded to lead that division in Europe, the Middle East, Africa and Asia-Pacific.

He will act as managing director for those regions.

He will report to the President of Northern Trust’s personal financial services, Sherry Barrat.

Barrat said Kaufman’s success in the north east in reaching out to ultra high net worths would provide a “solid foundation” from which to define and accelerate the investment manager’s growth into global markets.

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