Northern Trust has appointed Steve David as country head in Luxembourg.
Reporting to Toby Glaysher, head of Northern Trust's Global Fund Services activities in EMEA, David will expand the organisation's specialist fund servicing and custody operations in Luxembourg, which serves clients globally.
"Northern Trust has experienced tremendous growth in Luxembourg in recent years, and Steve will focus on continuing to drive this growth while managing our expanding, and evolving, service offering," said Glaysher.
David has been based in Northern Trust's Luxembourg office since joining the organisation in 2004. Most recently he was managing director of the Luxembourg management company. He replaces Ian Baillie, who will retire in August 2012.