Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


Northern Trust Corp. of Chicago has named Jeffrey Conover its head of North American institutional asset servicing and sales.

Mr. Conover was the president and chief executive of Northern Trust's operations in Canada, and the chairman, president, and CEO of its NT Global Advisors Inc., jobs he was given in March 2004.

Before that he had been the managing executive of Northern Trust's financial center in Glenview, Ill. Earlier he had established and run the company's Singapore office.

In his 20 years of institutional asset servicing experience he has also held foreign management jobs at Bank of New York and Chase Manhattan Bank.

Mutual of Omaha Insurance Co. has promoted Scott Ault to senior vice president of group insurance products.

Mr. Ault joined the company in 2004 as a regional vice president and became the vice president of group insurance sales the following year.


Citizens Financial Group Inc., a Providence, R.I., unit of Royal Bank of Scotland Group PLC, has hired Larry C. Wine as the president of its Atlanta payment processing unit, RBS Lynk Inc.

Mr. Wine was the president of the U.S. group at Moneris Solutions Inc., a joint venture of Royal Bank of Canada and Bank of Montreal. Before that he had been the chief operating officer and an executive vice president at Union Bank of Florida. (Colonial BancGroup Inc. of Montgomery, Ala., bought the Lauderhill, Fla., bank last year.)

Earlier he had held a number of senior management jobs at JPMorgan Chase & Co. …

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