ASSET SERVICING

Northern Trust brings on EMEA transition management head

Craig Blackbourn was named head of transition management for Europe, Middle East and Africa at Northern Trust, a spokeswoman confirmed.

The position is new. Mr. Blackbourn is responsible for transition management strategies for institutional investors in EMEA, combining risk and project management with global trading expertise.

Mr. Blackbourn reports to Ben Jenkins, global head of transition management.

He joined Northern Trust from Nomura International, where he was head of transition management, Europe, Middle East and Africa. A spokeswoman for Nomura International said Mr. Blackbourn was not replaced.