Dave Sauvarin has assumed responsibility as managing director of Northern Trusts’s Jersey office. Sauvarin, who was most recently head of Northern Trust’s UK listed real estate administration team in Guernsey, replaces Paul Guilbert, who has been appointed as head of private equity in Guernsey. In his role, Sauvarin is responsible for managing Northern Trust’s Jersey office, which provides specialist services and expertise for a range of traditional and alternative assets including real estate, private equity, infrastructure funds, hedge and fund of hedge funds administration. During a 15 year career with Northern Trust, Sauvarin has had broad experience across risk management

FIX Protocol Limited (FPL), has appointed Justin Stephan, Director of Trading Applications at Wellington Management Company, as the new Co-Chair of the FPL Global Steering Committee, the group responsible for driving FPL’s strategy worldwide. Greg Wood meanwhile, Vice President of Advanced Execution Services, Credit Suisse, has joined other senior market participants as a FPL Director. FPL’s Directors provide fiscal and legal oversight, and guide the organisation to ensure it continues to achieve on-going financial stability.   FPL is an industry-driven organisation focused on supporting the evolving business needs of the trading community to help firms optimise efficiencies and reduce costs.