Northern Trust, FSB California has promoted Andrew Chou to the position of Santa Barbara Region President, succeeding Scott Lafferty who is returning to the company’s Chicago headquarters to continue his 35 year career.
Chou joined Northern Trust September 2000 as a Private Banker in the downtown Santa Barbara office. In late 2003, he was promoted to Regional Banking Manager for Santa Barbara, and in November of 2004 he was promoted to Managing Director of the company’s Montecito office, a position he held until this announcement.
“Andy had a diverse career prior to joining Northern,” said Sherry Barrat, Chairman and CEO of Northern Trust-West Region. “He began his career in 1988 with the former Chemical Banking Corporation in New York, working in their Mergers and Acquisitions and Structured Finance Groups. From there, Andy went on to Fuji Bank, where he specialized in middle market leveraged buyouts and developed relationships with private equity sponsor groups. He also launched and merged an internet start-up before finally landing at Northern Trust in Santa Barbara. Andy has made a significant contribution in the Santa Barbara Region, culminating in this promotion — a worthy recognition of his talents and performance.”
Chou graduated with distinction from Vassar College with an A.B. in Economics and East Asian studies where he was a Ford scholar. He holds the Series 6 and 63 licenses and is a candidate for the Certified Financial Planner designation. Active in the local community, he has affiliations with several nonprofits, serving as a board member of United Cerebral Palsy, the Anti Defamation League, and Speaking of Stories. He is also a member of the Leadership Circle of United Way and on serves on the Finance Committees of Direct Relief International, Inc. and the Laguna Cottages for Seniors.