Jeffrey Conover To Lead Northern Trust's North American Institutional Asset Servicing Sales

Northern Trust has appointed Jeffrey Conover, Senior Vice President, Corporate & Institutional Services (C&IS) as Head of North American Institutional Asset Servicing Sales, following his successful tenure leading Northern Trust's asset servicing and asset management businesses in Canada. Conover will

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Northern Trust has appointed Jeffrey Conover, Senior Vice President, Corporate & Institutional Services (C&IS) as Head of North American Institutional Asset Servicing Sales, following his successful tenure leading Northern Trust’s asset servicing and asset management businesses in Canada.

Conover will be responsible for North American sales of institutional asset services to global fund managers, large corporate/multinational plans, public funds, Taft-Hartley funds, insurance companies, and the foundation and endowment segments. He will report to Penelope Biggs, Senior Vice President and head of worldwide asset servicing business development for Northern Trust.

“Jeff has over two decades of experience in the institutional asset servicing business, and has run and established locations around the world for us, including opening our Singapore office,” says Ms Biggs. “In his most recent assignment, Jeff re-energized our business in Canada, harnessing our asset servicing and asset management capabilities, and oversaw a substantial increase in new assets and revenues while significantly enhancing our profile and reputation in the marketplace. Jeff’s background and leadership will be critical in maintaining and expanding our market momentum in his new role.”

Conover returns to Chicago from a three-year assignment as 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. in Canada. Robert Baillie, formerly head of asset servicing sales and client service at RBC Dexia Investor Services, was recently announced as Conover’s successor in Canada. Conover remains a Director of The Northern Trust Company, Canada.

“With Rob Baillie firmly and confidently in place in Canada, I look forward to returning to Chicago to help further grow our North American market presence,” says Conover. “I am particularly excited to build upon our strong brand recognition and leading reputation for exceptional client service and best-of-breed technology.”

In his new position, Conover succeeds Griff Ehrenstrom, who will assume an enterprise-wide role responsible for interpreting market trends and communicating Northern Trust’s unique attributes and competitive strengths to both the personal and institutional markets.

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