Northern Trust expands insurance company sales push

Life_insurance_policyNorthern Trust, the custodian bank, asset servicer and asset manager, has hired Andrew Booker as a regional sales head to drive business with insurers and financial institutions.

Booker’s role is newly created and he covers Europe, Middle East and Africa.

Northern Trust said the appointment was in line with its expansion plans across strategic sectors.

Booker joins from SEI Investments where he was head of sales for the firm’s wealth platform in Europe.

He is based in London and reports to Douglas Gee, head of sales for Northern Trust’s regional corporate and institutional services business.

A number of appointments have taken place across asset management in recent months as firms increase their focus on insurance companies and providing them with services related to the Solvency II Directive.

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