Northern Trust has appointed Paul Guilbert as head of its Jersey office in the Channel Islands.
In his new role, Guilbert, who has been with Northern Trusts Guernsey business for 13 years, oversees all aspects of service delivery to Northern Trust clients who receive offshore fund administration support from the Jersey office.
Jersey is a key centre for Northern Trusts Global Fund Services business, which provides fund administration services for traditional and alternative funds including private equity funds, real estate funds, hedge funds, funds of hedge funds and infrastructure funds. Guilbert is responsible for developing Global Fund Services business in Jersey.
Guilbert originally joined Northern Trusts private equity fund administration division in Guernsey in 1997, and was later appointed head of the global private equity fund administration business. Guilbert will retain this role, supported by the heads of private equity fund administration for each jurisdiction who will continue to report to him.
Guilbert is a member of Northern Trusts Channel Islands executive committee and a member of the board of Northern Trusts Guernsey fund administration company.
Paul brings a wealth of senior management experience and detailed industry and technical knowledge of the offshore fund business to this important role, said Vic Holmes, Chief Executive Officer of Northern Trusts Channel Islands operations. Jersey has been at the forefront of international financial services developments for more than 40 years. As Northern Trusts fund servicing business continues to grow, Paul will have a crucial role in ensuring that our Jersey operation continues to grow in line with our high expectations.