UK – Northern Trust has appointed Eric Pouwels as the new head of asset servicing business development for the Dutch institutional market.

Pouwels, 39, replaces John Gout, who left Northern Trust a few months back and moved to ABN Amro, according to a Northern Trust spokesperson.

Upon Gout’s departure, Anne-Lise Winge who heads up the asset servicing business development team for Europe, the Middle East and Africa, also took over his responsibilities.

Pouwels joins from MarketXS – a Dutch provider of real-time market data solutions – where he was responsible for sales outside of the Benelux region, having previously focused on the Dutch market.

Before this, he was at Oracle for six years, where he was a global account director for the ING group, amongst others.

Pouwels will initially be based in London, but will move to Northern Trust’s new Amsterdam office in 2006.

He will be responsible for institutional asset servicing sales in the Netherlands. This includes pension funds and insurance companies for custody and reporting, and also fund managers seeking fund administration services.

The spokesperson stated that the office should be up and running in the first quarter of next year, and that all UK-based staff due to relocate to the Netherlands would do so in stages.

Winge said: “Eric joins us with a wealth of sales experience and a proven track record in providing innovative solutions to his clients.

“The Dutch institutional market is a highly developed one and continues to be a key focus for Northern Trust.”

Earlier this week it was reported Northern Trust’s John Greene has been appointed UK chief investment officer of Alexander Forbes’ Investment Solutions Group.

Until Greene is replaced, his duties will be taken over by Tony Earnshaw on an interim basis.

Northern Trust has $2.8trn under custody and $607bn under management.