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Northern Trust appoints Nirup Krishnamurthy CTO and EVP

10 November 2005  |  2254 views  |  0 Source: Northern Trust

Northern Trust, a leading global provider of asset management and asset services to affluent individuals, corporations, and institutions, announced today that Nirup Krishnamurthy has been named Executive Vice President and Chief Technology Officer.

Mr. Krishnamurthy, previously Vice President and Chief Information Officer of UAL Corporation, will be based in Chicago and will report to Timothy J. Theriault, President, Worldwide Operations and Technology at Northern Trust.

"Northern Trust is an industry leader in leveraging technology for the benefit of our clients, and the important role of technology in today's global financial services industry cannot be overstated," said Theriault. "Nirup's appointment as Chief Technology Officer is an important step in our continuous efforts to strengthen and advance our competitive position, and he is an outstanding addition to our global IT management team."

"I am excited to join Northern Trust at this time. It is a great opportunity to be a part of this growing and dynamic organization," said Krishnamurthy. "In addition to helping create more value for clients through strategic use of technology, I look forward to contributing to Northern's long standing heritage of technology innovation and leadership."

Prior to his 2003 appointment as CIO for United, Mr. Krishnamurthy served as Vice President of United's Information Services division, and also led their joint global IT efforts with the Star Alliance. He served as Managing Director of Applications Development, with responsibility for all software development at the company, as well as Manager of Applications Development, where he was responsible for developing and executing automation strategies for United's Flight Operations, Onboard Service, and Cargo divisions. Mr. Krishnamurthy began his long and successful career in the finance division at United in 1990, developing key optimization models for airline scheduling, operations planning, and aircraft maintenance.

Mr. Krishnamurthy holds a Ph.D. and M.S. in Industrial Engineering from the State University of New York in Buffalo.

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