Northern Trust has hired Craig Blackbourn as head of transition management for EMEA.
In his new role, Blackbourn will be responsible for providing institutional investors across the region with transition management offerings combing risk and project management with global trading expertise.
Blackbourn joins Northern Trust from Nomura International where he was also head of transition management for the EMEA region.
During his career, Blackbourn has also worked at Lehman Brothers, BNP Paribas Securities Services, Aberdeen Asset Management and both the custody and asset management businesses of Deutsche Bank.
“Northern Trust is growing our global Capital Markets business and Craig’s appointment demonstrates our commitment to investing in our transition management capabilities for clients across EMEA,” said Andy Clayton, head of Northern Trust Capital Markets EMEA.
“Northern Trust deploys a diversity of talent to each transition, bringing expertise from a suite of capital markets products to find the right solution to support our clients’ requirements.”
In his new position, Blackbourn will report to Ben Jenkins, global head of transition management at Northern Trust.
“We are delighted about Craig joining our global team and look forward to his leadership for the EMEA transition management business,” said Jenkins.
“Northern Trust’s heritage of risk management is built into the execution of our transitions no matter the complexity of the event. It is this approach, combined with our ability to provide a customised capital market solution for each transition, as well as our ability to hire industry experts, such as Craig, that sets us apart.”