London — Northern Trust appointed Tuesday former AIBBNY alternative investment head Ian Headon as vice president, product management. Headon will be responsible for hedge fund, property fund and private equity fund administration products.
Based in Dublin, Headon will report directly to Mark Schoen, senior vice president, head of European product development within Northern Trust’s asset servicing business.
Headon will be responsible for managing and developing Northern Trust’s suite of products within the alternative fund administration space, recently enhanced by the acquisition of Barings Asset Management’s Financial Services Group.
Prior to AIBBNY, Headon worked at PFPC International in Dublin.
“This is a great opportunity for me,” Headon said in a news release. “I am thrilled to be joining Northern Trust. The enhanced capabilities and talent from the Barings acquisition, coupled with Northern Trust’s reputation for exemplary client service, positions us well to grow our solutions to what is an increasingly important area for our clients.”