Northern Trust has appointed Frans Hofkens as Vice President, Senior Relationship Manager, and Christophe De Brabanter and Dennis Presburg as Account Managers. All three become part of the Dutch client service team of the bank.
They will be based in London initially, reporting to Paul Cutts, Senior Vice President and head of the asset servicing group’s relationship management team for EMEA.
In 2006, the three Dutch RMs will re-locate to the Netherlands in line with Northern Trust’s plans to open an office in Amsterdam. This office will represent the firm’s asset servicing and asset management businesses and will provide client services, and a permanent sales presence in, the Dutch market.
Hofkens comes to Northern Trust from Citibank, which he joined as part of Citibank’s acquisition of ABN Amro’s sub-custody business. Before that, he was at ABN Amro in Amsterdam for nine years in a variety of relationship management roles and, latterly, as a Sales Consultant responsible for securities clearing and custody within the Working Capital Sales group.
Presburg comes to Northern Trust from KAS Bank in Amsterdam where he was a Senior Account Manager for the Institutional group.
De Brabanter – who joined Northern Trust at the end of 2004 – previously worked in State Street’s Client Services department in London.
“I am delighted to welcome Frans, Dennis and Christophe,” says Paul Cutts. “All three bring a wealth of experience in dealing with institutional clients, have proven track records and are native Dutch speakers, which we believe will facilitate even stronger links with our Dutch clients. Northern Trust has a significant number of Dutch clients, including some of the major Dutch pension funds, and these appointments, together with our plans to open an office in Amsterdam are consistent with Northern Trust’s ongoing commitment to service clients on, or as close to, their home territories as possible.”