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People moves news

Key asset servicing hires in the Nordics


28 September 2010 Stockholm
Reporter: Justin Lawson

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Image: Shutterstock
Northern Trust has appointed Annika Larsson and Erik Norland as senior relationship managers in its Stockholm office, in line with the company's strategy of serving clients as close to their home market as possible.

Larsson, who has over 20 years of experience working in the asset servicing industry in the Nordics, will look after key Northern Trust clients across the region, with a focus on Finland and Sweden. Larsson joins from Handelsbanken Nordic Custody Services, where she was head of the relationship management and sales group. During her career, she has also worked for Brown Brothers Harriman in London and Stockholm, most recently as relationship and sales manager, Nordics.

In his new role, Norland will focus on Northern Trust's institutional clients and banking relationships in the Nordics. He joins Northern Trust from Fondsfinans, where he was in equity sales. During his career, he has also worked for Credit Agricole Cheuvreux and at Nordnet, both in Stockholm.

"Northern Trust has been servicing clients in the Nordics for 20 years" said Madeleine Senior, managing director of the Nordic region. "Our clients are some of the most sophisticated, premier institutional funds and investment managers in the region and increasingly we have seen a demand from them for a locally based relationship team. As a result, we are delighted to welcome Annika and Erik to our team, whose combined local experience and expertise will be invaluable as we continue to support and expand our client base across the region."

Northern Trust now has a dedicated relationship team of nine people serving Nordic clients from its Stockholm office with more than 30 others in London, Luxemborg and Dublin supporting Nordic relationships. Northern Trust has relationship and account managers fluent in Swedish, Finnish, Danish and Norwegian.
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