Ian Hamilton was appointed head of asset owners for Europe at Northern Trust, a release on July 31 announced.
The role is new, a spokesperson confirmed. He will report to James Wright, head of asset owners for Europe, Middle East and Africa.
Hamilton will work in collaboration with country leads across the European region. He was head of U.K. asset owners and will continue with these responsibilities.
"The move demonstrates our commitment and approach to deepening client relationships and evolving our services across the European region, including the U.K., in what is an increasingly and highly complex environment,” Wright said in the release.
Northern Trust Corp. had $15.4 trillion in assets under custody and administration as of Dec. 31.