Northern Trust has appointed Laurence Everitt as head of Global Fund Services UK.
The appointment follows the announcement in November 2010 that Peter Cherecwich had been appointed as global head of Global Fund Services and Toby Glaysher as head of Global Fund Services Europe.
In his new role, Everitt, who has more than 20 years of experience in financial services, is responsible for managing the day-to-day operations of Global Fund Services in the UK. He joins Northern Trust from Capita Group, where he was the managing director for the Asset Servicing business. He will report to Glaysher.
We are delighted to welcome Laurence to the team, Glaysher says. Fund managers are contending with increasingly complex investment, distribution and regulatory strategies and requirements and, as a consequence, we are seeing ever more demand for our outsourcing services, especially our middle office and fund administration functions. Laurences expertise and experience in both the UK and offshore markets will support our ongoing work to develop and deliver solutions that cater to our clients evolving and increasingly sophisticated requirements.
Northern Trusts Global Fund Services unit provides fund administration and investment operations outsourcing solutions to more than 400 asset managers across the globe.
(CG)