Northern Trust Executive Elected Chairman of NICSA Board of Directors

The National Investment Company Service Association (NICSA) announced at its annual General Membership Meeting that Dan Houlihan, head of Global Fund Services at Northern Trust, will serve as the chairman of its Board of Directors. He previously served as vice chairman of the Board.

NICSA is a non-for-profit trade association providing leadership and innovation in independent education programming and information exchange within the global financial services industry. Member companies include mutual fund complexes, investment management companies, broker dealers, custodian banks, transfer agents, and other professional service firms including audit, tax, legal, technology, marketing, telecom, and compliance.

Houlihan will preside over the governing body of the association as well as NICSA’s executive committee. The board is responsible for oversight of policy and activities of the trade association, whose members include investment management companies, broker dealers, banks, and professional service firms that support the global financial services industry.

“Dan brings a comprehensive knowledge base and a strategic vision of the financial services industry to NICSA,” said Jim Fitzpatrick, President of NICSA. “We are very pleased to have an individual of Dan’s caliber lead our Association.”

Houlihan has been a member of NICSA for three years, and has served on the Membership committee and chaired the Strategy committee.

“Throughout my career I’ve viewed my role as helping make the financial services industry more transparent, innovative, and client-focused,” Houlihan said. “I’m proud to be leading the talented group of professionals at NICSA as we look for ways to make the industry work better for everyone.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2016, Northern Trust had assets under custody of US$6.7 trillion, and assets under management of US$942 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

© 2017 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For legal and regulatory information about individual market offices, visit northerntrust.com/disclosures.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170130005700/en/