Northern Trust builds Middle East asset servicing team
Northern Trust has hired a J.P. Morgan executive to bolster its asset servicing sales arm in the Middle East.
Clayton DaSilva will lead the bank’s business development in the region and also support business development in Africa.
Based in Abu Dhabi, he will offer asset servicing and capital markets solutions to sovereign wealth funds, central banks, asset managers and corporates.
DaSilva reports to Douglas Gee, head of sales in Europe, the Middle East and Africa (EMEA) at Northern Trust.
He joins from JPMorgan Chase where he was most recently an executive director, responsible for investor services relationship management and business development.
“Northern Trust has seen very strong growth in assets under custody and administration over the last three years in the Middle East, and we are committed to expanding our presence in the region,” said Sheldon Woldt, head of Northern Trust in the Middle East.
“Clayton will support our business development in the region and his experience and market knowledge will ensure we remain exceptionally well-positioned to meet the unique needs of our clients in the region.”
The bank recently appointed Mona Al Hussain as a
relationship manager in its Riyadh office.
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