American asset manager Northern Trust has appointed Michele Havens as its new president of the West Region, replacing Steven Bell who will retire following a 36-year stint at the firm.

The firm’s offices in Arizona, California, Colorado, Nevada, Texas and Washington are part of the West Region.

Havens, with an experience of over two decades in the wealth management industry, will take on the new responsibility on 28 February 2019.

Her career with Northern Trust started in 2000. She held various roles at the firm, including president of Pacific Northwest Region, Los Angeles Region and Southern California Region.

Northern Trust Wealth Management president Steven Fradkin said: “We are delighted Michele will assume the leadership role over our thriving West Region. She has a proven track record that has been integral to our accomplishments in the region.

“Her deep experience and uncompromising client focus will be key to the team’s continued growth and success.”

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Bell too served in multiple senior roles at Northern Trust. Prior to becoming the firm’s West Region president, he was head of the Global Family & Private Investment Offices.

Previously, he also managed the private banking operations of Northern Trust Bank of California.

“Steve has made an invaluable impact on the expansion of our client base, the growth of our capabilities, and our legacy in the West Region,” Fradkin stated.