Money Management

Northern Trust promotes for new head of EMEA role

Marie Dzanis was appointed head of Northern Trust Asset Management's business across Europe, Middle East and Africa, said a spokesman.

The role is new; Ms. Dzanis is based in London.

She is responsible for governance, business management, business development and talent management for the region.

After the departure of international CEO and Chief Investment Officer Wayne Bowers earlier this year, NTAM carved out the managing executive in EMEA role, said the spokesman.

Ms. Dzanis "is a highly accomplished executive who has provided leadership for several of the firm's top strategic initiatives," Shundrawn Thomas, president of Northern Trust Asset Management, said in a news release. "Her results-driven orientation and unique ability to anticipate and exceed the needs of our investing clients are invaluable qualities that she brings to her new role."

Ms. Dzanis most recently was head of intermediary distribution at the firm in Chicago, leading business development and client service. The spokesman said she was replaced by Michael Natale.

Northern Trust has $954.4 billion in assets under management.