Northern Trust shuffles regional heads 17 January 2012London Reporter: Anna Reitman
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Northern Trust has appointed Belinda Burgess as head of the Nordic region to replace Madeleine Senior, who has been appointed as head of sales for EMEA.
Madeleine Senior was appointed to lead Northern Trust's development in the Nordic region when it opened a branch office in Stockholm, in September 2009. In 2011, the office extended its asset servicing offering to include asset management products and services for clients across the region. In her new role, she will be based in London and report to Wilson Leech, CEO for Northern Trust in EMEA.
"Madeleine has made an outstanding contribution to the establishment of our Nordic office and expanding the delivery of our products and services across the region over the past nine years," said Leech. "She understands the key challenges faced by institutional investors and fund managers and we are pleased to leverage Madeleine's expertise to manage asset servicing sales teams across EMEA, in London."
Replacing Senior, Burgess will be based in Stockholm, responsible for managing the growth and development of Northern Trust's business activities across Sweden, Finland, Norway and Denmark. She reports to Penelope Biggs, head of the Institutional Investor Group for EMEA, and will work closely with John Krieg, managing director of Northern Trust's asset management business in EMEA.
It is an internal move for Burgess as well, she joined Northern Trust in 2005 and was most recently a senior executive within Northern Trust's Global Fund Services business, where she was responsible for client service for global asset managers, insurance funds and in-house managed pension schemes. Burgess has more than 20 years of industry experience, working across a wide range of operational, transition management and client facing roles.
"Northern Trust works with some of the most sophisticated asset owners and investment managers in the Nordics," said Biggs. "Belinda has extensive business experience and will support the Nordic team as they deliver first class asset servicing and asset management solutions to meet our clients' unique regional requirements."
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