UK - Northern Trust has named Anne-Lise Winge to the new role of head of European sales at its institutional asset servicing businesses.

Winge, who joined Northern trust in 2001, was formerly head of global custody sales. She started her new job last week and is responsible for European sales for the bank’s corporate and institutional services business unit.

She reports to Penelope Biggs, senior vice president and head of corporate and institutional services for Europe, the Middle East and Africa.

Winge leads a team of three business development officers which is about to be boosted with the recruitment of two new members to focus on continental Europe, Northern Trust’s spokesman Peter Williams said.

The five-strong team consists of two people focusing on business development in the UK and three on continental Europe.

At the moment Winge “wears two hats” as she also continues to head global custody sales and marketing efforts in the Nordic countries until a new candidate is recruited, Williams said.

It was not immediately clear when the selection process would end, he also said.

Northern Trust said in a statement: “She brings over 14 years’ financial services experience to the role, nine of which have been in global custody”.

“This is a great opportunity for me during an exciting time at Northern Trust, as we build on our current successes and expand into new markets,” Winge said. “I look forward to driving Northern Trust’s sales efforts further into Europe.” she continued.

Northern Trust says that at the end of March 2004, it had 2.3 trillion dollars (1.87 trillion euros) in assets under administration and 521 billion dollars in assets under management