Appointments Support Business Growth, Expand Local Service and Solutions Expertise
Northern Trust (Nasdaq: NTRS) today announces it has made two senior appointments to its Middle East and Africa asset servicing business. The new positions, based in Abu Dhabi, United Arab Emirates, support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia, announced earlier this month.
Justin Miller has been appointed head of relationship management for the Middle East and Africa and is responsible for the oversight and strategic development of asset servicing relationships for Northern Trust in the region. Miller leads a team of relationship managers providing asset servicing, capital markets, liquidity and data solutions in support of Northern Trust’s clients’ investment strategies.
Miller has 18 years’ experience working in the asset servicing industry and has spent 12 years working with clients across the Middle East and Africa in roles at Northern Trust.
He takes up his new position after more than three years as Northern Trust’s head of client management for securities lending for Europe, the Middle East and Africa, helping clients optimize investment returns. Prior to that, Miller worked in Northern Trust’s securities lending business as a senior relationship manager.
Chris Dulieu has been appointed Northern Trust’s head of client service for the Middle East and Africa. Dulieu’s new role is focused on overseeing clients’ custodial, investment accounting, performance and reporting services.
Dulieu has worked in asset servicing for 17 years, of which 13 have been spent at Northern Trust. He joins the Middle East and Africa team from his previous role as a senior relationship manager responsible for servicing pension fund clients in the United Kingdom. He has also worked extensively with multinational funds, insurance companies and in-house managed asset owners.
Michael Slater, head of Middle East and Africa at Northern Trust comments: “As our clients’ strategies evolve to meet the opportunities and challenges of the market, they require services delivered in their working week and time zone. Expanding the breadth and depth of local expertise for our clients across the Middle East and Africa through these appointments reflects our commitment to anticipating and meeting their evolving requirements.”
Northern Trust began servicing clients in the Middle East in 1987 and has seen significant growth across its regional business. It has 29 staff in Abu Dhabi and Riyadh, Saudi Arabia – and has more than doubled this team over three years. The team provides a comprehensive range of solutions to a broad base of clients that include many of the largest sovereign wealth funds, central banks, inter-governmental/governmental organisations, asset managers and family offices in the region.
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