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Northern Trust Press Release


Northern Trust Canada Expands Team

Chicago, March 25, 2014 —

Northern Trust (Nasdaq: NTRS) announced today that Lloyd Sebastian has joined the Risk Management group as Senior Vice President and Chief Risk Officer at Northern Trust Canada. Descia Milinkovich joins the Northern Trust Canada team as Senior Vice President, Institutional Sales.

Sebastian brings more than 28 years of financial industry experience to his new role, most of it in custody and asset servicing. He is an associate with the Institute of Canadian Bankers.

Prior to joining Northern Trust, Sebastian spent seven years within the sales and distribution, and network management groups at RBC Investor & Treasury Services. Sebastian served 10 years at CIBC Mellon in a number of senior management positions, including vice president and executive director, business development and relationship management with foreign financial institutions. Most recently, he served as director and segment head for Canadian sub-custody covering financial institutions.   

Before joining Northern Trust, Milinkovich spent 20 years as a sales leader at State Street Corporation, Sun Life Financial, and Canada Trust. She specialized in custody, as well as investment operations outsourcing sales to public and private pensions, insurance companies and investment management firms. Milinkovich is a member of the Canadian Pension & Benefits Institute and the Association of Canadian Pension Management.

"We are extremely pleased to have Lloyd and Descia join the team in our growing Canadian office," said Arti Sharma, head of Northern Trust Canada. "Their combined wealth of experience and knowledge will help us continue to provide our clients with high-touch service and expertise."

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 18 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2013, Northern Trust had assets under custody of US$5.6 trillion, and assets under investment management of US$884.5 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures                                                                                                               

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