Global financial services company Northern Trust has appointed Olivier Noel to the position of deputy managing director of its Luxembourg Management Company, which provides fund administration to Northern Trust clients.
Noel joined Northern Trust in 2005 and was most recently head of transfer agency and shareholder services in Luxembourg. In his new role he is responsible for dealing with client servicing, product development and new business integration.
"Our Luxembourg office offers a range of innovative asset servicing solutions to prestigious clients, including multinational pension funds, global asset managers and boutique managers," Northern Trust Luxembourg head of country Ian Baillie said.
"Olivier, in his new role, will be instrumental in ensuring we continue to expand these strong client relationships and explore new business opportunities, while remaining at the forefront of devising innovative solutions to support our clients' unique requirements."