Northern Trust announced today it has appointed John Folk as senior vp, client service and operations and Valerie Hull as vp, finance for Northern Trust Canada. Based in Toronto, both will report to Robert Baillie, president and chief executive officer of Northern Trust Canada.

“John and Valerie have joined our team at a time of significant growth for Northern Trust Canada,” says Baillie. “As our business continues to evolve, we will be adding experienced individuals to our staff and constantly evaluating ways to better serve our expanding institutional client base.”

Folk will lead Northern Trust’s relationship management, client service and benefit payments activities for institutional clients in Canada. He will also be responsible for the local management of securities lending and trade settlements. Folk joins Northern Trust after 14 years with State Street Canada where he was senior vp, institutional investor services and co-head of investor services operations for the firm’s Canadian pension, investment management and corporate clients.

Hull will lead the finance function for Northern Trust Canada. She has in excess of 10 years experience working in the financial services industry, most recently with Goodman & Company, Investment Counsel Ltd.

Chicago-based Northern Trust Corp. is a provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide.