CI's Northern Trust hires chief exec

Northern Trust's Channel Islands' businesses have a new chief executive, following the appointment of Vic Holmes, currently managing director of its international fund administration operations in Dublin. Holmes will relocate to Guernsey to take up the role, as well as that of managing director of Northern Trust's International Fund Administration Services (Guernsey). He will be replaced in Dublin by Gerry Brady, who will become managing director of the office which services more than 550 funds with approximately US$100bn in assets under administration. Brady comes to Northern Trust from...