Northern Trust Corp.'s Personal Financial Services division, the largest private trust bank in the country, has announced the appointments of regional executives in Florida and Missouri.
In Florida, Tuck Tyler, most recently the president of the bank's Collier County operation, was named vice chairman of Northern Trust Bank of Florida, the Chicago-based company said on Thursday. Mr. Tyler is to remain in Naples, Fla., and continue to represent Northern Trust in his roles as chairman of the Conservancy of Southwest Florida, board member of the Philharmonic, and member of the NCH Foundation.
John Fumagalli has succeeded Mr. Tyler as president in Collier County. He most recently was president and CEO of Northern Trust Bank-Missouri.
In the Midwest, Zachary Lazar, most recently the managing director of Northern Trust's Glenview, Ill., office, was named president and CEO of Northern Trust Bank-Missouri, succeeding Mr. Fumagalli.
The personal financial services division had assets under custody of $213.9 billion at June 30 of which $111.5 billion was managed by Northern Trust. The parent had assets under administration of $2.7 trillion and assets under management of $590 billion.
