Northern Trust has hired Belinda Burgess as new head of Channel Islands, replacing Paul Cutts.

In her new role, Burgess will report to Wilson Leech, head of Northern Trust in EMEA and will be responsible for supporting the continued growth of Northern Trust’s business in the Channel Islands.

Burgess, who joined Northern Trust in 2005, was most recently head of Northern Trust in the Nordics.

Additionally, Cutts will take over the newly created role of head of Alternative Investment Services for Northern Trust Global Fund Services across Europe, Middle East Africa (EMEA).

Based in London, Cutts will report to Toby Glaysher, head of Global Fund Services, EMEA.

In his new role, Cutts will ensure that Northern Trust’s products and services support the unique requirements of alternative investment clients.

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Cutts, who joined Northern Trust in 1993, has held a number of leadership roles across the globe, including head of Northern Trust’s businesses in The Netherlands and Australia.

Leech said: "Belinda’s leadership, supported by Paul’s focus on driving our alternative investments business will ensure we remain well placed to support our clients’ needs for sophisticated data, analytics and asset servicing solutions."

Northern Trust first Channel Islands office, which was set up in 1972, serves a wide variety of traditional and alternative asset classes, including private equity funds, hedge funds, real estate funds, infrastructure funds and funds of funds.