Panelists: The Global Economy

Dr. Victoria Marklew,
Vice President,
Northern Trust

The Northern Trust is a leading provider of global investment management, asset and fund administration, fiduciary and banking needs for corporations, institutions and affluent individuals worldwide. It currently conducts business in 99 countries, and in addition to an extensive US branch network in 14 U.S. states has a subsidiary in London, and branches in Toronto, Singapore, Hong Kong, and Japan. As of September 30, 2003, Northern Trust had assets under administration of $1.9 trillion, assets under investment management of $435.7 billion and banking assets of nearly $41 billion.

Dr. Marklew joined the Northern Trust in 1991, and is now the Senior International Economist in the Economic Research Department. She oversees the team of economists responsible for assessing country lending and investment risk in the countries where the Northern Trust conducts business. She also chairs Northern's Country Risk Management Council, which manages Northern's internal country risk ratings system and country exposure limits, in accordance with regulatory requirements and corporate credit policy.

Dr. Marklew is also a Board Director of the Global Interdependence Center and is the author of Cash, Crisis, and Corporate Governance: The Role of National Financial Systems in Industrial Restructuring (University of Michigan Press, 1995). She graduated from the University of London with a B.A. in Philosophy, a Masters in Political Sociology from the London School of Economics, and a Ph.D. in Political Economy from the University of Pennsylvania.

She and her husband, Michael Golden, reside in Jenkintown, Pennsylvania. They have two sons.

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