Northern Trust (Nasdaq: NTRS) has made a series of senior hires across its Sydney and Melbourne offices in response to business expansion and enhanced local product capabilities.
Tania Tuxford and David McWilliams, have been hired as business development managers in Northern Trust’s Sydney and Melbourne offices respectively to drive future growth across its asset servicing business. A senior equity program trader, Simon McDonough, has been appointed in Sydney.
Tuxford and McWilliams will drive sales across Northern Trust’s institutional business servicing asset owners and asset managers in the Australasia region. They report to Angelo Calvitto, head of sales for Corporate and Institutional Services in Asia-Pacific.
Based in Sydney, Tuxford, was most recently a senior relationship manager with ANZ Wealth. She has also worked at Citi and RBC Investor Services, in Australia.
Based in Melbourne, McWilliams joins from J.P. Morgan Investor Services where he was a senior relationship and sales manager. He has worked at ANZ Custodian Services, Bank of New York in London, Mercury Asset Management Ltd and State Street.
“We are delighted to appoint Tania and David to help drive growth in our asset servicing business across Australia, New Zealand and the Pacific islands,” said Madeleine Senior, head of Northern Trust in Australasia. “We see an increasing demand from institutional clients for products, services and technology solutions that help them navigate the ever-changing complexities associated with various regulations, whilst optimizing investment performance and managing risk.”
McDonough has been hired to lead the expansion of Northern Trust’s trading desk capabilities in Sydney. He reports to Robert Arnott, manager for Northern Trust’s institutional brokerage business in Asia.
McDonough joins from ITG in Sydney where he was vice president, electronic sales and trading. He has more than 20 years of industry experience trading Asia-Pacific equity markets on both the buy and sell side working for firms such as Deutsche Asset Management, ABN Amro and JP Morgan.
“As we continue to grow our capabilities and expand access to our range of institutional asset servicing and asset management solutions from our Melbourne and Sydney offices, Simon’s extensive experience and expertise is invaluable in ensuring we are best placed to meet our client’s evolving requirements,” said Senior. “All three of these hires will ensure we remain well placed to collaborate with current and prospective clients across the Australasia region.”
These appointments follow Northern Trust’s recent announcement that it had named Sally Surgeon as head of its Sydney office in line with its expansion of capabilities and services offered from the city.
Together, Northern Trust’s offices in Sydney and Melbourne offer a comprehensive range of customized asset servicing, asset management and capital markets solutions to its institutional and investment manager clients across Australasia.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2017, Northern Trust had assets under custody of US$7.1 trillion, and assets under management of US$1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit 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 https://www.northerntrust.com/disclosures.