OREANDA-NEWS. Northern Trust (NASDAQ: NTRS) announced today that Douglas Nowers has joined the board of directors for the Northern Trust Company, Canada.

Nowers has more than 25 years of experience in the financial services industry. Before joining the Northern Trust Canada board, Nowers spent eight years with the global fixed income team at Canadian Imperial Bank of Commerce (CIBC) World Markets. He also served as CEO of CIBC Mellon, an institutional asset servicing provider. Nowers has served as President and CEO of Applause Corporation in addition to President of Noble Mortgage Corporation. Currently, he serves as a strategy consultant to Canadian financial firms.

Nowers is a chartered financial analyst and received a bachelor of commerce degree (honours) from Queen’s University as well as a Master of Business Administration from the University of Western Ontario.

“We are very pleased that Doug Nowers has joined the board of directors in Canada,” said Arti Sharma, head of the Northern Trust Company, Canada. “His extensive expertise in business development and keen understanding of the financial services sector will support our continued expansion in the Canadian institutional marketplace.”