Northern Trust Corp. (NASDAQ: NTRS) announced leadership changes within its Asset Servicing business, effective June 1, 2026, according to a company statement.

Nick Gilbert was appointed head of Asset Servicing for Europe, Middle East and Africa, an expanded role covering both asset owners and asset managers. Gilbert previously led Global Fund Services in the region and brings more than 20 years of experience across operations, strategy and transformation.

The changes follow the planned retirement of James Wright, head of Asset Owners EMEA, at the end of 2026. Wright's responsibilities will be divided between two executives.

Kimberly Evans was named to the newly created position of head of Enterprise Strategic Relationships, focusing on integrated solutions for high-value client and vendor relationships globally. Evans previously served as head of Corporate Sustainability, Inclusion and Social Impact and led Private Capital Fund Services and Governmental & Sovereign Wealth Pension and Treasury Fund businesses in North America.

Ian Hamilton was appointed head of Asset Owners EMEA in an expanded role. Hamilton previously led Asset Owners Europe and has nearly a decade of experience at Northern Trust servicing asset owners, with over 25 years of total industry experience.

"These appointments build on our strong leadership while enhancing alignment across the organisation," said Clive Bellows, co-president of Asset Servicing and president for EMEA at Northern Trust.

The restructuring aligns the EMEA region's structure with Northern Trust's model in North America and Asia-Pacific. Northern Trust reported assets under custody and administration of $18.6 trillion and assets under management of $1.8 trillion as of March 31, 2026.