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Northern Trust appoints heads of North America fund accounting and fund admin

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Northern Trust has appointed Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration. The company says both will play “a pivotal role in supporting ongoing growth in the Global Fund Services (GFS) business”.  

With 20 years of fund accounting experience at State Street and Brown Brothers Harriman (BBH), Reydel will be focus on establishing and growing the Northern Trust GFS business in the Boston area. Most recently, he was head of BBH’s Global Fund Accounting operations team and the fund accounting product executive.  
Bringing more than 25 years of experience in financial reporting and taxation, McMaster is returning to Northern Trust GFS where he started his career. He most recently served as chief tax officer – head of global fund services tax at Invesco, overseeing teams across North America, EMEA and APAC.  
Northern Trust’s Global Fund Services business provides services including fund administration, global custody, investment operations outsourcing and capital market revenue enhancement solutions to global investment managers – supporting a range of complex investment strategies across the full spectrum of asset classes.

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