Dream works

first_imgThe Harvard Kennedy School hosted two iconoclastic mayors on Monday (Jan. 25), both of whom entered government in their countries as a second career and changed their cities by shaking up politics as usual.The discussion involved the visionary urban landscapes of Edi Rama, a former artist and mayor of Tirana, Albania, and Antanas Mockus, once an academic and a former mayor of Bogotá, Colombia. Addressing an overflow audience, the former mayors outlined the offbeat methods by which they helped to transform their cities, in a discussion titled “Dialogue in Cultural Diplomacy and Urban Transformation.”“We see ourselves as moral subjects, but others as legal subjects. We obey for positive reasons, but we think others obey for negative reasons,” Mockus said.As mayor from 2001 to 2003, Mockus used humor, peer pressure, and visual reinforcements as tools of cultural persuasion in Bogotá, a period in which the homicide rate fell by 70 percent, traffic fatalities dropped by half, water conservation increased, and drinking water and sewer service reached nearly all homes for the first time in the city’s history. He prompted 60,000 people to pay an extra 10 percent in taxes — voluntarily.How did he help to foster those changes? By handing out thousands of thumbs-up and thumbs-down cards to citizens who used them as a peaceful way to judge one another’s behaviors in the public sphere, by hiring mimes to make fun of traffic violators, and by placing yellow stars at all the locations in which there had been a pedestrian death in the previous five years, just to name a few. The approach worked, he said, because it combined three regulatory systems: law, morality, and culture.Rama’s approach was quite different, but proved equally effective. As a former artist, he started with paint when he was elected in 2000 “with a landslide but no budget” to head the capital city of Albania, a country with a troubled history that came under communist rule in 1946. In 1992, communism fell and ushered in an era that shifted rapidly from collectivism to “total individualism.” Problems exponentially increased as Albanians from the countryside flocked to Tirana in search of jobs, increasing the city’s population nearly threefold in just two decades.Using money from the World Bank, the European Union, and other international organizations, Rama razed many of Tirana’s often illegal, generally derelict buildings and transformed others by having bold colors and abstract patterns painted on their facades. He cleaned up the piazzas, introduced green space, improved infrastructure, and literally brought light to a city that, when he took over, had only 78 working streetlamps. “This basically permitted us to regain the spirit of citizenship,” Rama said. “So, from a no man’s land, we now have a city with problems.”Both men admitted that their ideas have not solved all of their cities’ challenges and that they were initially greeted with skepticism. “People were [saying] that the mayor is a clown,” said Mockus. “I remember a lot of taxi drivers saying, ‘I voted for you; we will see.’ And I remember saying, ‘Help. Don’t be a spectator.’”Rama, who, in addition to being mayor is also the leader of Albania’s opposition Socialist party, had a similar experience. “Of course they said I was crazy,” he said. But in the buildings that had been refreshed, the city suddenly attained a 100 percent tax-collection rate and saw crime plummet. “All from a simple gesture of painting a building,” Rama said.“But the deeper [effect] was to give to people a sense of belonging and also pride in the city where they were living.” Well into the project, a survey of Tirana’s citizens found that although only 63 percent said they liked the painted buildings, 85 percent said they wanted the painting to continue. “So half of the people who didn’t like it wanted it to continue,” Rama said. “This told a lot about the energy that this was creating.”The discussion was sponsored by the Kokkalis Program on Southeastern and East-Central Europe, and co-sponsored by the Cultural Agents Initiative and the Public Diplomacy Collaborative.last_img read more

Lecturer explores technology and inequality

first_imgLawrence Mishel, president of the Economic Policy Institute, spoke in Geddes Hall on Wednesday night. Mishel’s lecture, entitled “Beyond Technology and Globalization: The Reset of the Rules of the Labor Market,” addressed income inequality in the United States and was part of the Chuck Craypo memorial series, “Combining Research and Activism for Social Justice.”According to current director of the Higgins Labor Program at the Center for Social Concerns Daniel Graff, the late Chuck Craypo was an economics professor at Notre Dame, as well as the founder and first director of the Higgins program in 1993.“Chuck Craypo devoted his career of research, teaching and activism to improving the lives of working people,” Graff said. “And to honor his legacy, in 2013-14 the Higgins program initiated a biannual series to bring researchers and activists to Notre Dame’s campus to deliver lectures, lead workshops and foster conversations around compelling themes related to questions of work and social justice.”Mishel began his lecture by defining economics as “about who gets what and why,”and noting that income inequality has ballooned since the 1970s.He said that until this past year, Democrats have focused too intently on technology and globalization, considering both uncontrollable and subsequently viewing income inequality as “God-given,” rather than an addressable issue.Mishel also took issue that Republicans have chosen to focus on economic opportunity rather than income inequality. Mishel acknowledged that the United States does have an opportunity problem, however he stated that prioritizing it over income inequality is illogical, as economic opportunity can’t be improved until income inequality is improved thereby allowing for standards of living and educational opportunity to improve and lead to better economic opportunity.“So what else caused the wage problems if it wasn’t technology and it’s not just globalization?” Mishel said. “It’s the rules of the labor market have been reset over the last 40 years.”Mishel outlined several factors that have contributed to these rules changing.The first factor is unemployment, which, according to Mishel, has been rising over the past 30 years.“Unemployment weakens the bargain power of all workers,” he said. “If [employers] can get whoever they want for whatever they feel like paying, wages are gonna go nowhere.”The second factor is unions, Mishel said.“We have eroded collective bargaining a tremendous amount since the early 1970s,” Mishel said. “It used to be that if you had … an industry and 30-50 percent of the workers in that industry were union, they negotiated collective bargain agreements that the non-union employers accepted … because they didn’t want their workers unionizing or they didn’t want their workers to leave and go to the union sector. So unions were always able to take wages out of competition.”The third factor Mishel listed was minimum wage, which he said is more than 25 percent below what is was in 1968 [factoring in inflation] even though productivity has more than doubled and low-wage workers are, on average, more educated than 50 years ago.“If you increase the minimum wage to $12 … by 2020, that may sound relatively modest,” Mishel said. “But it’s actually a reasonably bold policy. $12 minimum wage would affect 25 percent of the work force. So we’re not just talking about a few people lying at the bottom.”The fourth factor is undocumented workers. According to Mishel, the United States is currently home to eight million undocumented workers, who make up “around 5 percent of the workforce.”“If you have 5 percent of your workforce who are exploitable and exploited, they undercut the labor standards,” Mishel said. “So it would be to our general benefit to make them not exploitable.”“What are you supposed to draw from this?” Mishel asked the audience. “The first thing you should know is that what this means is that if workers have not been getting ahead in terms of their pay, it’s not because we haven’t produced a lot of income and wealth. We have produced a lot of income and wealth. It just hasn’t gone to the vast majority.”Tags: Center for Social Concerns, Chuck Craypo memorial lecture, Higgins Labor Studies Program, income inequalitylast_img read more

Jenkins offers condolences following New Zealand terror attack

first_imgUniversity President Fr. John Jenkins released a statement Friday offering his condolences to the loved ones of victims of a terror attack that killed at least 49 people in New Zealand. An additional 48 people were wounded when a gunman opened fire at two mosques in the city of Christchurch during Friday prayers.“On behalf of the University of Notre Dame, I extend my deepest condolences to the families and friends of the shooting victims in Christchurch, and to their extended family among the Muslim students, faculty and staff here at Notre Dame and in South Bend,” Jenkins said in the statement.In his statement, Jenkins invoked the spirit of the Lenten season and offered prayers for those who were killed.“In this season of Lent, we offer our prayers for our brother and sister believers who were so cruelly murdered in houses of worship of the God of their understanding,” he said.Jenkins expressed hope that the world will overcome hatred that leads to such violence in the future.“In our lifetimes, may we see an end to the brutal religious bias and hatred that results in the shedding of innocent blood across the world,” Jenkins said.Tags: New Zealand, terrorism, University President Fr. John Jenkinslast_img read more

New Narcotrafficking Method In Guatemala

first_imgBy Amy Montes / Diálogo November 19, 2019 A Guatemalan Army patrol drove to El Estor, Izabal department, in the first week of September in pursuit of an aircraft loaded with drugs. Upon arriving at the landing site with information provided by the defense radar, the service members were intercepted by drug traffickers who took them to a school, killed three units, and injured three others.“These murders highlight the risk to freedom, justice, security, and development. They put institutional order, governability, and state security at risk,” said Guatemalan President Jimmy Morales as he issued a stage of siege to restore order in 22 municipalities in the departments of Izabal, Petén, Zacapa, El Progreso, Baja Verapaz, and Alta Verapaz.Guatemalan Minister of National Defense Luis Miguel Ralda Moreno told the press the measure would last 30 days. According to the country’s Law of Public Order, in the event the stability of social and government institutions are in danger, the president can decree a state of siege and assume military authority through the Defense Ministry with powers to restrict freedom of action, movement, demonstration, and the carrying of weapons. The President can also detain one or more residents without the need for a court order.From transit to producerAuthorities disable one of 16 clandestine airstrips found during the state of siege in September. (Photo: Guatemalan Ministry of National Defense)A month after the measure was implemented, in addition to restoring the law and apprehending common criminals, operations revealed that Guatemala was no longer a transit point for drugs, but that it had become a drug-producing country.During the interventions, authorities seized drug labs with almost one ton of cocaine worth $14 million ready to be sold. They also destroyed 23 crops with about 1.5 million coca plants and disabled 16 clandestine airstrips, the Ministry told the press.“One of the causes of this change [from transit to producing country] is the reduced costs and risks in the transit of illegal substances from South America to Guatemala, and from here to Mexico and the United Sates,” said Ralda. This motivated organized crime to use communities with little government presence to install a model of illicit cultivation and infrastructure to produce cocaine on their land, the minister said.Prolonged stage of siegeThe results of September led the Guatemalan government, through Congress, to ratify on October 10, the state of siege for another 30 days in the 22 controlled municipalities.Ralda emphasized that this new term would allow them to detect more drug labs and plantations, and generate trust among residents to encourage them to report suspicious activities. “These measures allow security forces with room to act within the legal framework, but above all to establish respect for human rights,” he concluded.last_img read more

PILS is the ‘conscience of our profession’

first_imgPILS is the ‘conscience of our profession’ PILS is the ‘conscience of our profession’ Associate EditorFormer Bar President Terry Russell confessed to those gathered at the Public Interest Law Section luncheon that he does not share one-tenth of the knowledge of the people who served on the Bar’s Commission on the Legal Needs of Children.When last year’s president, Tod Aronovitz, asked Russell to chair the commission’s implementation committee, because of his legislative lobbying prowess, Russell said he thought about it, talked about it with his wife, Mary Kay, and agreed to give it a try.“But you’ve got to put people on there who really know what they’re doing, because I’m simply going to direct traffic to try to keep the process focused,” Russell said he told Aronovitz.The problems of “unparented, underprivileged, and abused children” are daunting, Russell said, and implementing the recommendations of the Bar’s commission (which ended three years of study with a final report in 2002 available on the Bar’s Web site at www.flabar.org) is an enormous task.“So far, to me it’s like looking down an endless, bottomless pit. I don’t see an end to it,” Russell admitted. “I can’t quite figure out where the beginning is. I don’t know what the answer is. I don’t know how you change human nature and make sure people properly parent their kids and be responsible about bringing them into this world and moving them on. As I look at this problem, it is going to be forever.“The first thing I noticed, as we started this process, was that since the problem was going to take forever to fix, we probably needed a committee that was going to last that long. And we have recommended to Miles (McGrane) — and how could the timing be better to have a child advocate as president of The Florida Bar? — our first concrete recommendation was he make the committee we are serving on now a permanent standing committee of the Bar.”On June 26, the day before the PILS luncheon, Russell said McGrane informed him that he intends to do just that. Chief Justice Harry Lee Anstead, Russell said, “advised me that he was really thrilled that was our first recommendation. So we are now looking forward to the process of creating a standing committee, a larger committee.. . with permanence, complete permanence, so that this problem from year to year, one step at a time, can be tackled.”One of the primary recommendations of the Commission on the Legal Needs of Children to tackle, Russell said, is to create a Statewide Office of the Child’s Advocate. With help from children’s advocate lawyers Sharon Langer, Gerry Glynn, and Bernie Perlmutter, Russell said, they are drafting legislation to accomplish such a goal that would provide lawyers for children, in addition to guardians ad litem. That proposed legislation will be the focus of the implementation committee’s September meeting.Getting a Statewide Office of the Child’s Advocate funded, Russell acknowledged, will be a challenge “considering what we’re dealing with right now in Tallahassee.”“We will tackle this thing one major project at a time,” Russell said. “I’m excited about how it’s going. It looks good. But it looks enormously challenging. I’m pleased we have gotten as far as we have. I have to tell you that the knowledge that those who served on that commission have, the dedication they have, the belief they have in this cause, is inspiring. It is unbelievably inspiring. Thank God that we have people that, like you, are interested in securing the rights and improving the lives of the most innocent among us — children. I am pleased to be part of it, though, frankly, I feel I am the least qualified part of it. I’m happy to be there and watching all of you people do what you do.”Looking out at many child advocates and legal services lawyers in the audience, Russell said: “I want to thank you for your dedication to the profession. Kent Spuhler, (of Florida Legal Services), I’m going to steal this from you: ‘The Public Interest Law Section is the conscience of our profession.’ Kent said that as I was walking in the door. And I said, ‘Yes, Kent, and sometimes we don’t like to hear what our conscience has to say, because you give us tough messages sometimes.’”The day before, at The Florida Bar Foundation meeting, Russell said, he was listening to a discussion about prisoners’ rights, the way people charged with horrible crimes had their rights denied them.“There are two parts of your brain working. Part of you says: ‘OK, so what?’ But the rational side says: ‘How we treat the least among us is how we should expect to be treated ourselves. If you can’t protect the rights of prisoners, then how can we hope to protect our own?’“That really is the test of dedication when you can step in and try to assist someone who you know shares none of your values, probably deserves to be precisely where he or she is, but whose rights have been violated by those who don’t understand the importance of human rights. I applaud you for that dedication.”Civil Legal Assistance Act R ussell gave an update on his pet project as president: state funding for civil legal services for the poor through the Civil Legal Assistance Act.“Somehow, we managed to get more money somehow. I think we begged,” Russell said, of a 2003 legislative budget “where there is not a single turkey.”He said he was grateful for this year’s $1.5 million, even though it was less than last year’s $2 million.“The idea was to get the money to go up. But when we finally looked at the legislative agenda this year and saw the amount of money they were going to be spending, we knew there was simply no way to break the impasse in terms of revenue. We felt very grateful to keep this program going. It’s still a pilot program. It’s going to take about $5.5 million to get the program spread statewide.”Russell called Rep. Dudley Goodlette, R-Naples, “a hero to the profession.. . . He has been an awesome performer at the Florida Legislature for us. And if you know him or see him, please thank him. Because without his support last year, or his support this year, we could not have gotten this legislation passed or this bill funded.”The challenge, Russell said, is to find a permanent, recurring source of funding, because so far the money, strangely enough, has come out of the state highway fund.The Foundation will be appointing a task force, Russell said, toward that end.Russell said members of the legislature heard this “powerful and pure message”: “We let them know how much we – you – do in the area of delivery of legal services to the poor. The numbers are enormous, tens of millions of dollars worth of your time, millions of dollars of your contributed money, a $50-million-a-year program in this state. All of that effort only translates into helping one out of three.“That message worked. They understood it. And they understand the need. The governor told me this, as late as two weeks ago, that he is happy with the program and happy he is part of it. There is common ground,” Russell said,“People ask me, ‘How did you do that?’ Look for common ground. I don’t challenge where I can’t win. You don’t want to beat yourself to death up against a stone wall. Bide your time.”Russell ended with this encouraging prediction:“I believe things will begin to improve for the Florida justice system within a year or two or three. Because there are young leaders in the Florida Legislature who understand the need and are moving into leadership positions. I have confidence in them, and I think they, ultimately, will help.” August 1, 2003 Jan Pudlow Associate Editor Regular Newslast_img read more

Location, location, timing

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Thank God I recovered, says Minister Budi Karya

first_imgTopics : “Thank God I’ve recovered. I’m quite grateful for the hospital and team of doctors who worked tirelessly to take care of me” said Budi said during a virtual press conference with the medical team of the hospital on Monday.Budi said the hospital had a top-notch medical team. “The doctors are so kind and have a good personal approach, and I think this can be a good example for other hospitals, ” he added.The deputy head of the hospital, Dr. Budi Sulistya, said the minister received treatment at the hospital from March 13 to March 31. “Thanks to the support of his family and the team of doctors, Pak Budi has recovered,” said Budi Sulistya.“As of today, he has been tested twice for COVID-19 and based on the recovery criteria; he is now free from COVID-19.  Pak Budi is under post-recovery treatment. With his current condition, he is able to work from home while under the monitoring and care of our doctors,” he said. The minister self-isolated for 14 days at his home after being discharged from the hospital at the end of March. On Monday, the minister, for the first time, took part in a Cabinet meeting following his COVID-19 treatment. Budi said he would return to his official duties on May 5.The government announced on March 14 that Budi, who has long suffered from asthma, had tested positive for COVID-19. Budi is the only Indonesian minister to have contracted COVID-19.During Budi’s treatment, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan was appointed acting transportation minister.Before the announcement that Budi had tested positive for COVID-19, the minister had been absent from a number of events. Prior to that, he had been on a number of official  trips, including a visit to  Kertajati Airport in West Java and Luwu and Toraja in South Sulawesi. He was also active in the evacuation of Indonesian crew members from the virus-stricken cruise ship Diamond Princess on March 2.Dr. Ketty Herawati Sultana, 60, among doctors who treated Minister Budi when he was taken to Meistra Hospital in Jakarta in mid-March, died from COVID-19 on April 4. The minister was diagnosed as having typhoid fever when he was treated at the hospital. Dr. Ketty and several other medical personal contracted COVID-19 soon after treating him.The minister was then transferred to the army hospital for further treatment.center_img Transportation Minister Budi Karya Sumadi has expressed his gratitude to the doctors and medical team at Gatot Soebroto Army Hospital in Jakarta for their hard work and dedication in helping him recover from COVID-19.Recalling his experience while receiving treatment at the hospital, Budi said if it was not for the medical team, he might have not survived.“At the Transportation Ministry,  seven people had tested positive for COVID-19 and we did not know where we got the virus from but I was the oldest at 63 years old,” he said in Jakarta on Monday, suggesting that his age made him more vulnerable to the disease.last_img read more

Governor Wolf Announces First Apprenticeship for Vegetable Growers in the Mid-Atlantic Region

first_imgGovernor Wolf Announces First Apprenticeship for Vegetable Growers in the Mid-Atlantic Region Environment,  Press Release Germansville, PA – Governor Tom Wolf announces the first apprenticeship for vegetable growers in the Mid-Atlantic region which will prepare workers for new agriculture jobs in the Montgomery County region.“Agriculture is tremendously important to Pennsylvania and apprenticeships like this help workers get the skills for good jobs so the industry can grow and thrive,” said Governor Wolf. “I’m proud that Pennsylvania has the first registered apprenticeship for vegetable growers in the Mid-Atlantic region. The hands-on training will help people learn about the tools and technology used on a working farm.”Apprenticeships are part of Governor Tom Wolf’s PAsmart initiative, which invests in job training and science and technology education. Governor Wolf wants Pennsylvania to have the strongest workforce in the nation. The innovative PAsmart program is investing in high-growth careers with $20 million for science and technology education, $10 million for apprenticeships and job training, and new this year, an additional $10 million for career and technical education.Later today, the departments of Labor & Industry (L&I) and Agriculture will join the Pennsylvania Association for Sustainable Agriculture (PASA) on a tour of The Good Farm in Germansville and discuss the benefits of the vegetable growers apprenticeship.“Apprenticeships give Pennsylvanians the opportunity to build a rewarding career and earn a good wage,” said Eileen Cipriani, Deputy Secretary for Workforce Development, Department of Labor & Industry. “This new program will provide apprentices with the hands-on experience they need in the agricultural industry, while simultaneously helping Pennsylvania’s farmers to connect with the motivated, trained employees they need.”“Pennsylvania’s agricultural employers need a skilled, nimble workforce that can quickly adapt to changing technology and food safety innovations,” said Scott Sheely, Special Assistant for Workforce Development, Department of Agriculture. “This apprenticeship is an investment in building that workforce, and ensuring the quality and safety of Pennsylvania-grown products.”The vegetable grower apprenticeship program was approved by L&I’s Apprenticeship and Training Office (ATO). Sponsored by PASA, the program will provide on-the-job training and hands-on opportunities for apprentices to develop their skills in the greenhouse production areas, the wash and pack facilities, and the farm production fields. The Diversified Vegetable apprenticeship is the first accredited apprenticeship for vegetable growers in the Mid-Atlantic region, offering aspiring growers paid training and extensive related coursework, while meeting the employment needs of the established farmers who host apprentices. PASA also currently sponsors a Dairy Grazing apprenticeship program, the first formally accredited agricultural apprenticeship program in the United States.“Apprenticeships in agriculture are one of the oldest traditions in career training; however, they have often lacked the support and rigor of a formal apprenticeship model,” said PASA Diversified Vegetable Apprenticeship (DVA) Program Coordinator Dan Dalton. “The DVA and the Dairy Grazing Apprenticeship help to ensure that apprentices receive the training and support they need to pursue a career in agriculture.”PASA is a Pennsylvania-based sustainable agriculture association founded in 1992. They work to build a more economically-just, environmentally-regenerative, and community-focused food system through education and research that directly supports farmers. The Good Farm is a certified organic farm raising vegetables, berries, flowers, and herbs for over 200 “farm share” members. Farmers John and Aimee Good believe that the future of sustainable agriculture is dependent on education and the exchange of information, and most importantly, the training of future farmers. John and Aimee are committed to training apprentices in all aspects of vegetable production and marketing, as well as business management, and have had several apprentices go on to start farms of their own.The Wolf Administration created the ATO in 2016. Since then, the office has registered 156 new program sponsors and 225 new apprenticeship programs or occupations, bringing the total number of registered apprentices to 18,187 statewide.Apprenticeship programs approved by the ATO provide employer-driven training to create a more productive, highly-skilled workforce for employers and help reduce employee turnover. The program provides job seekers with increased skills, and a nationally recognized credential to support future career advancement and increased wages.For more information about pursuing an education and career in Pennsylvania at any stage of life, visit www.pasmart.gov.Visit ATO for more information about apprenticeship programs and the Apprenticeship and Training Office. October 08, 2019center_img SHARE Email Facebook Twitterlast_img read more

Governor Wolf Requests Major Disaster Declaration for Damages from Tropical Storm Isaias

first_img October 05, 2020 SHARE Email Facebook Twitter Economy,  Infrastructure,  Press Release Governor Tom Wolf today requested that the president declare a major disaster for nine counties in Pennsylvania in the wake of devastating flooding and damages caused by Tropical Storm Isaias in early August.“My request today includes not only Public Assistance for government to pay for costs associated with its response and repairs, but also Individual Assistance for homeowners who need federal assistance to help them on their path to recovery,” said Governor Wolf. “The damage assessment and validation processes, which are for the first time being conducted virtually due to the pandemic, are ongoing and I have the option of adding other counties as we learn more.”The governor’s request includes Berks, Bucks, Chester, Delaware, Lehigh, Monroe, Montgomery, Northampton and Philadelphia counties.The major disaster declaration through the Federal Emergency Management Agency would provide federal funding to local, county and state governments, as well as certain eligible non-profits in those counties through the Public Assistance program. If the request is approved, applicants can be reimbursed up to 75 percent of the costs incurred on eligible expenses, such as but not limited to costs associated with paying overtime, repairs to damaged infrastructure, equipment rentals and materials.In order to request Public Assistance, the commonwealth overall must meet a threshold of $19,688,687. Estimated costs associated with this incident period total more than $27.6 million. Meeting the threshold and making the request are not a guarantee of funding. It is not known when the president will make a decision to grant or deny disaster assistance.An Individual Assistance declaration could make available to citizens a variety of programs to assist in their recovery needs. More detailed information is available on the FEMA website.center_img Governor Wolf Requests Major Disaster Declaration for Damages from Tropical Storm Isaiaslast_img read more

Northern Trust to expand into UK, Netherlands

first_imgFollowing the expansion of its services to other European clients, Northern Trust has appointed John Cargill as head of depository services fore Europe, the Middle East and Africa.Cargill joined from HSBC in London, where he was head of trustee and fiduciary services.Northern Trust has named Alastair Hay as head of depository services in the UK.Hay has been working with the company since January, after he left NatWest as head of the trustee and depositary services division.Leading the company’s activities in the Netherlands is Stefan Kort, who joined from RBC Investor Services in Luxembourg.Before then, De Kort worked for ABN Amro and Mellon Bank NA.De Kort is supported by Margot Six, who left Bouwfonds Real Estate Management, part of Rabobank Group, where she was a senior legal counsel.Northern Trust added that Stephen Baker would be responsible for the overall operational management of its services in EMEA from Limerick.Baker joined Northern Trust in 2011, following its acquisition of Bank of Ireland Securities Services, where he was head of custody servicing.Northern Trust Global Fund Services provides custody, fund administration, investment operations outsourcing and ETF solutions.Worldwide, the Chicago-based company has €3.7trn in assets under custody and €591bn in assets under managemen Northern Trust is to expand its depository services in the UK and the Netherlands to support European fund managers implementing the Alternative Investment Fund Managers Directive (AIFMD).Also with the view of enlarging its services across multiple fund types, asset classes, fund localities and investment strategies, it has created five new senior positions across Europe.Northern Trust has been operating in Ireland since 2000 and Luxembourg since 2004, as well as on the Channel Islands.Toby Glaysher, head of global fund services at Northern Trust, said: “Our AIFMD pan-European depository capabilities are designed to provide the best in class services for our clients, enabling them to comply and take full advantage of the new regulatory landscape.”last_img read more