CHICAGO--(BUSINESS WIRE)-- Northern Trust announced today that Dennis Anosike has joined its Corporate & Institutional Services business unit as a leader of the group serving U.S. public pensions. Anosike comes to Northern Trust from the U.S. Department of Commerce and is a former Chief Financial Officer and Treasurer of the Chicago Transit Authority.

“We are pleased to bring Dennis Anosike’s knowledge and experience to our public pension fund clients,” said Laurie Neu, Group Head for Public Entities and Institutions at Northern Trust. “Public funds face many challenges, from low funding ratios to increasing regulation. As a former pension official, Dennis has broad experience in understanding the needs of this segment and knows how to bring the full range of Northern Trust’s solutions to these clients.”

At the U.S. Department of Commerce, Anosike served as Senior Director of Management and Performance and as senior advisor to the department’s CFO. Prior to his federal service, Anosike was President of United Investment Managers, Inc., a Chicago-based multi-manager investment firm. At the Chicago Transit Authority, Anosike was CFO and Treasurer from 1998 to 2009. With the CTA he served as a trustee and chairman for the Employee Pension Plan and vice chairman of the Healthcare Trust Fund as well as the chair of CTA’s 401(k) and 457 Employee Deferred Compensation Plans. He also served as Budget Director for the CTA, Deputy Budget Director for the City of Chicago, Director of Finance for the Chicago Police Department and other Chicago budget positions from 1988 to 1998.

“During more than two decades in public funds and asset management, I have admired and respected Northern Trust’s dedicated service to institutional clients,” said Anosike. “I am delighted to join the Northern Trust team and look forward to working with some great people and a fantastic group of public funds clients.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2010, Northern Trust had assets under custody of US$3.9 trillion, and assets under investment management of US$657.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.

CONTACT:

Northern Trust Corporation
John O’Connell
+1 312-444-2388
John_O’Connell@ntrs.com
Newton Sears
+312-444-3094
Newton_Sears@ntrs.com
http://www.northerntrust.com

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:   Professional Services  Finance

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