UK - Barry Sagraves, head of NTGI's London-based operations, is to leave the company and will be replaced by William Huffman.
Sagraves was CEO of Northern Trust Global Investments London-based international business for four years, and saw assets under management triple to £27bn in that time.
Sagraves said he felt the time was right to "take some time out and plan the next phase of [his] career".
Huffman has been in the asset management industry for 15 years and is currently chairman, president and CEO of Northern Trust Global Advisors, the multi-manager business of NTGI. He will now relocate to London from Stamford, Connecticut.
Under Huffman’s management, multi-manager global assets under management have grown from US$12bn to US$35bn. He had also previously led quantitative management product development at NTGI, and held other finance and investment positions at Northern Trust.
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The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.