Middle East expansion for Northern Trust 25 May 2016Abu Dhabi Reporter: Stephanie Palmer
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Northern Trust has hired Clayton DaSilva as sales manager for the Middle East.
Based in Abu Dhabi, DaSilva will be responsible for business development in the region, and will also support teams in Africa.
He joins from J.P. Morgan Chase where he was an executive director for investor services relationship management and business development, a position he held for five years.
Before this he was vice president of client and business development in the J.P.Morgan Chase investor services business, and he has also held various positions at Brown Brothers Harriman.
In his new role, DaSilva will report to Douglas Gee, Northern Trust head of sales for Europe, the Middle East and Africa (EMEA).
The appointment is part of a more general expansion of the Middle East business, following the hire of Mona Al Hussain to the Riyadh office in March. Al Hussain also joined from J.P. Morgan Chase, where she was vice president of investor services.
Sheldon Woldt, head of Northern Trust in the Middle East, said: “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.”
He added: “Clayton DaSilva 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.”
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