MEDIA RELEASE PR35812
Northern Trust Names Teresa Parker to Lead Asia-Pacific Businesses
SINGAPORE, Aug. 25 /PRNewswire-AsiaNet/ --
Northern Trust announced today that Teresa A. Parker has been appointed Chief Executive Officer of the
Asia-Pacific region, replacing Gregg D. Behrens, who will retire on Nov. 30.
Ms. Parker comes to the Asia-Pacific region from Northern Trust's London office, where she has held
leadership roles over the past 15 years, most recently as Executive Vice President and head of client servicing
for Europe, Middle East and Africa.
"Northern Trust's presence in Asia-Pacific continues to grow as we commit new resources and expertise to
serve our expanding client base in the region," Northern Trust President and Chief Executive Officer Frederick
H. Waddell said. "Teresa has a proven track record of leading partners across different regions to meet the
needs of large, sophisticated global clients. Her background is well-suited to our Asia-Pacific clients and to
Northern Trust's plans for growth in this region."
Ms. Parker, who joined Northern Trust in 1982, has held leadership positions in global custody operations
including serving as the head of worldwide asset servicing, securities lending and chief operating officer for
Europe, Middle East and Africa. Based in Singapore, Ms. Parker will be responsible for all business activity in
Northern Trust's Asia-Pacific offices, located in Bangalore, Beijing, Hong Kong, Melbourne, Singapore and
Tokyo.
Mr. Behrens is retiring after 35 years at Northern Trust. Named Northern Trust's first CEO of the Asia-
Pacific region in 2007, Mr. Behrens has established a regional management structure across all business
functions, including asset servicing, asset management and operations. His prior executive roles include
serving as head of Corporate & Institutional Services in North America, head of asset servicing in Europe,
Middle East and Africa, and head of national services for the Personal Financial Services business unit.
"Gregg has created a strong foundation of oversight, governance and risk management for measured and
sustainable growth in the Asia-Pacific region," Mr. Waddell said. "Over the years, he has been a tremendous
partner in all aspects of our business, ably representing Northern Trust in his professionalism, integrity and
enthusiastic leadership."
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and
fund administration, banking solutions and fiduciary services for corporations, institutions and affluent
individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S.
states and 15 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As
of June 30, 2009, Northern Trust had assets under custody of US$3.2 trillion, and assets under investment
management of US$558.9 billion. For 120 years, Northern Trust has earned distinction as an industry leader in
combining exceptional service and expertise with innovative products and technology. For more information,
Northern Trust in Singapore is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
Northern Trust operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is
regulated by the Australian Prudential Regulation Authority.
Northern Trust in Hong Kong is a securities company regulated by the Securities and Futures Commission.
Northern Trust operates in China as a Representative Office and is regulated by the China Banking
Regulatory Commission.
Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, Northern Trust
Fiduciary Company (Guernsey) Limited and Northern Trust International Fund Administration Services
(Guernsey) Limited are licensed by the Guernsey Financial Services Commission
Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services
(Jersey) Limited are regulated by the Jersey Financial Services Commission
Northern Trust Global Services is authorised and regulated in the Netherlands by De Nederlandsche Bank
Northern Trust Global Services Limited Luxembourg Branch is authorised and regulated by the Financial
Services Authority and in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF) and
Northern Trust Luxembourg Management Company S.A. is regulated by the CSSF
Northern Trust Global Services Limited - Abu Dhabi. Representative Office, Licence number 13/238/2008
Where Northern Trust's UK entities undertake regulated business, they are authorised and regulated in the
United Kingdom by the Financial Services Authority
Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary
Services (Ireland) Limited are regulated by the Financial Regulator.
The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which
is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are
provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company
under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its
affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
SOURCE: Northern Trust
CONTACT: US, Canada & APAC,
John O'Connell,
+1-312-444-2388,
jo45@ntrs.com, or
Kathleen Fitzgerald,
+1-312-444-3094,
kdf2@ntrs.com, or
EMEA,
Camilla Greene,
+44 (0) 20 7982 2176,
cg81@ntrs.com,
all of Northern Trust Corporation
(NTRS)
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