Northern Trust has made two appointments in its global family and private investment offices team in London to support ultra-high net worth families and their family offices and family foundations across Europe, Middle East and Africa (EMEA).
In the first half of 2016, the group increased its new client base by close to 20 per cent.
Vignesh Vijayakumar has been appointed as senior relationship manager. In this newly created position, Vjayakumar will be responsible for supporting Northern Trust’s ultra-high net worth clients across EMEA. He joins Northern Trust from Royal Bank of Canada where he worked as an associate director.
Yovan Dabee has been hired as senior wealth strategist. He will focus on increasing awareness of Northern Trust's specialist wealth management solutions across EMEA. During his career, Dabee worked for several banks across Europe including Morgan Stanley, Barclays and BNP Paribas. He joins Northern Trust from Santander where he was a senior private banker.
“We are delighted to make these two new appointments underlining our continued commitment to families across EMEA and our growing business,” says Lesley Hodgson, head of Northern Trust’s global family and private investment offices group in EMEA. “Vignesh and Yovan bring years of experience and understand the sophisticated needs of families and their advisers and will ensure we continue to be well positioned to best help our clients meet their sophisticated needs.”
Founded in 1982, the global family and private investment offices group has a focused commitment to families of significant wealth, their private foundations and the family offices that serve them. It works with more than 400 families across the globe, with average assets per family under custody of USD770 million.