Northern Trust has made three new hires across its product management and operations groups to support its expanding Global Fund Services (“GFS”) business in Europe, Middle East and Africa (“EMEA”).
John Hannon has been appointed as EMEA Head of Investment Operations Outsourcing, Andrew Lelliott joins as Head of UK Transfer Agency, and Sascha Calisan has been hired as Product Manager for fund administration in EMEA. All three are based in London.
Hannon comes to Northern Trust from State Street where he was head of investment operations. He brings 20 years’ experience in investment operations to the role, having worked within asset management businesses and for outsourced providers of investment operations. Before State Street, he was head of investment operations at AXA Investment Managers UK.
Lelliott joins Northern Trust from International Financial Data Services (“IFDS”) where he was the Group Executive responsible for all UK Dealing and Box Management functions within IFDS, and had responsibility for Distributor Services and Agent Services. Prior to this, Lelliott was Head of Investor Services at Schroder Investment Management. He brings 22 years’ experience to his new role.
Calisan comes to Northern Trust from RBC Dexia where she held a variety of roles focused on product, market and segment strategy. Latterly, she was Senior Product Manager, Fund Administration, for Europe and Asia. She has also previously worked for Morgan Stanley and Citibank.
“Asset managers are experiencing new opportunities and challenges arising from using increasingly sophisticated investment strategies, asset classes and fund structures, and from the ever-changing needs of an increasingly global investor base,” says Wilson Leech, head of Northern Trust’s GFS group. “Northern Trust has been expanding its interests over the last three years and hiring additional talent to serve investment managers, and these latest appointments are in line with Northern Trust’s strategy to continue to support the growth of this dynamic part of our business.”