Northern Trust has appointed Jeffrey W. Conover to President and Chief Executive Officer of The Northern Trust Company, Canada, as well as Chairman, President and Chief Executive Officer of NT Global Advisors, Inc. Based in Toronto, Conover will be responsible for all of Northern Trust’s operations in the Canadian market.
“Our commitment to the Canadian institutional market has never been stronger,” says William A. Osborn, Chairman and CEO of Northern Trust Corporation. “Jeff is a seasoned leader and has the international experience necessary to expand the Northern Trust and NT Global Advisor’s brand and presence in Canada. As we combine the leadership of our asset servicing and asset management businesses, our Canadian clients will experience an enhanced level of service and product innovation.”
Conover has run several locations around the world for Northern Trust, including opening the company’s first office in Singapore, and extending his role to Hong Kong. He has also held overseas management positions for Bank of New York and Chase Manhattan Bank.
The Northern Trust Company, Canada provides global custody, trust, pension and information services to Canadian clients in all provinces.
Northern Trust began offering global custody services in Canada in 1984, and became the first foreign-owned trust company with full trust powers in Canada in 1994. NT Global Advisors, Inc. is the investment arm of Northern Trust in Canada, and offers a manager of manager programs to institutional clients and families.