– CANADA, Toronto – Northern Trust (NASDAQ:NTRS) announced today that Douglas Nowers has joined the board of directors for the Northern Trust Company, Canada.
Nowers has more than 25 years of experience in the financial services industry. Before joining the Northern Trust Canada board, Nowers spent eight years with the global fixed income team at Canadian Imperial Bank of Commerce (CIBC) World Markets. He also served as CEO of CIBC Mellon, an institutional asset servicing provider. Nowers has served as President and CEO of Applause Corporation in addition to President of Noble Mortgage Corporation. Currently, he serves as a strategy consultant to Canadian financial firms.
Nowers is a chartered financial analyst and received a bachelor of commerce degree (honours) from Queen’s University as well as a Master of Business Administration from the University of Western Ontario.
“We are very pleased that Doug Nowers has joined the board of directors in Canada,” said Arti Sharma, head of the Northern Trust Company, Canada. “His extensive expertise in business development and keen understanding of the financial services sector will support our continued expansion in the Canadian institutional marketplace.”
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2014, Northern Trust had assets under custody of US$6 trillion, and assets under management of US$934 billion. For 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation.
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