Northern Trust keeps Swiss pension and insurance funds in mind with new hire

New appointment in Northern Trust’s Swiss senior leadership team highlights custodian’s focus on the country.

By Jonathan Watkins

Northern Trust has hired a new member of its senior leadership team in Switzerland to manage relationships with Swiss pension funds and insurance companies

Gil Platteau joins with 20 years of industry experience, Platteau has held senior roles at Rothschild Asset Management, Barclays and, latterly Mercer Delegated Solutions, where he was country head of Switzerland.

Platteau also previously worked in risk management at the treasury and pension fund of F.Hoffman-La Roche and at BNP Paribas (Switzerland) in Basel.

Based in Northern Trust’s Basel office, Platteau will also support Northern Trust’s focus on expanding the footprint of the business in the country.

Northern Trust has more than 30 years of experience in providing solutions to Swiss clients and bolstered its administration offering in the market following its acquisition of the fund administration servicing units of UBS Asset Management in October 2017.

“Gil’s appointment demonstrates Northern Trust’s commitment to Switzerland and the natural evolution of our business in this strategically-important market,” said Wim van Ooijen, chief executive officer of Northern Trust Switzerland

“He brings a wealth of local industry knowledge and valuable experience to support our significant client franchise, which includes some of the world’s most sophisticated asset owners and asset managers.