It was announced today that Northern Trust is to further expand its operations in Limerick by adding up to 400 new jobs over the next five years.

Northern Trust, one of the world’s leading financial services institutions, has had a presence in Ireland since 1989 and opened its Dublin office in 2000. Its first Limerick office opened in 2007 with 19 staff and today employs 1000 people across its two sites in Limerick at Hamilton House and City East Plaza.
 
The expansion is supported by the Department of Jobs through IDA Ireland and marks the fourth time Northern Trust has significantly expanded its operations in Limerick. 
 
Making the announcement, Country head of Northern Trust (Ireland), Clive Bellows said, "The creation of up to 400 new jobs for Limerick underlines Northern Trust’s commitment to Ireland. We have seen growth in the scale and operation of our Irish business over the years and the continued expansion of our office in Limerick reflect this. We gratefully acknowledge the support of IDA Ireland and our local partners such as the University of Limerick and the Limerick Institute of Technology, where we have strong relationships, and recognize the pro-active engagement we have with Irish government representatives, and the local funds industry in Ireland."
 
Minister for Finance Michael Noonan added, "Northern Trust has had a presence in Limerick for a number of years and are now expanding their presence here further. I’m very proud of this endorsement of the people of Limerick and its surrounds. The access to markets, the skilled workforce and the quality of life in this region I’m sure are all positive influences in this decision."

Source: www.businessworld.ie