Northern Trust has hired Tony Michael as Company Secretary for its fund administration operation in Jersey. This is in response to the continued growth in its offshore business operations.
He will assist with overseeing the running of Northern Trust’s fund administration operations on the island. He will also have client relationship management responsibilities.
Michael has previously worked for Dominion Corporate Services Limited, Moores Rowland, Capital House International, Trident Trust and Sanne Trust.
“Tony’s extensive experience in fund administration across a variety of asset classes, including private equity, property and hedge funds will be particularly valuable as we continue to expand our capabilities and grow our business in Jersey,” says Graeme McArthur, the Managing Director of Northern Trust in Jersey. “The Jersey funds industry is now valued at 159.7 billion, a record high and a 42 per cent increase year on year. This is confirmation that the industry is dynamic and growing. Tony Michael’s appointment underlines the need for seasoned professionals with Jersey specific experience, ensuring we actively enhance our position as one of the leading fund administrators in the Channel Islands.”