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Laura Mandel named president of the Northern Trust Company of Delaware


Northern Trust has named Laura G. Mandel president of the Northern Trust Company of Delaware, effective immediately.

Mandel (pictured) will relocate from Chicago to Wilmington and succeeds Daniel F. Lindley, who was appointed managing director of the company’s global family and private investment offices group in Europe, the Middle East, Africa and the Asia Pacific region.

Mandel, who has 25 years of experience in trust and investment management for high-net-worth individuals and families, will focus on leading the regional bank’s overall strategy and will also help clients make use of the wealth transfer advantages that the state of Delaware offers.

Mandel most recently served as a senior fiduciary relationship manager at Northern Trust and has been with the bank for more than 12 years. Mandel has handled some of Northern Trust’s largest and most complex trust portfolios, including irrevocable gift trusts, generation-skipping trusts, charitable trusts, revocable trusts and investment management accounts. She also served as a senior attorney in the legal department from 2000 to 2007.

“Laura’s proven record of success, her legal experience and advisory skills make her an ideal fit for her new role,” says David Blowers, Northern Trust’s east region president and chief executive. “I’m confident that Laura will add value as our Delaware trust business continues to expand its services to wealthy individuals and families across the nation.”

Prior to joining Northern Trust, Mandel served as trust counsel and as senior trust administrator at Harris Trust and Savings Bank, now BMO Harris Bank. While there, she advised trust and investment professionals on numerous complex fiduciary and estate planning issues. Mandel also practiced law with two Chicago firms where she specialised in estate planning and trust law.

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