Luke Tilley Joins Wilmington Trust as Chief Economist

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Based in Wilmington Trust’s headquarters in Wilmington, Del., Tilley will oversee firm’s macroeconomic forecasting activities.

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Luke’s contribution to our investment thinking will further help position our clients to succeed in an investment environment that continues to be dominated by economic events.

Wilmington Trust hired Luke Tilley as its new chief economist. In this role, Tilley will oversee the firm’s efforts in the macroeconomic forecasting area. He is based in Wilmington Trust’s headquarters in Wilmington, Del.

Tilley is a member of Wilmington Trust’s Investment Strategy Team, developing forecasts of the U.S. and international economies, as well as researching emerging issues to support and enhance the firm’s investment strategy. He is also responsible for communicating the economic outlook and investment strategy to clients and the public.

“The foundation of our investment process requires discipline and insight on the macroeconomic level in order to effectively deploy client assets into the financial markets,” said Tony Roth, Wilmington Trust’s chief investment officer. “With a background bridging the public and private sectors, Luke’s contribution to our investment thinking will further help position our clients to succeed in an investment environment that continues to be dominated by economic events.”

Tilley comes to Wilmington Trust from the Federal Reserve Bank of Philadelphia, where he was the officer and economic advisor. He joined the Federal Reserve in 2009 as a regional economic advisor. While at the Federal Reserve, he researched emerging regional economic issues, provided economic presentations, and helped coordinate the Economic Advisory Council, as well as managed congressional outreach within the bank’s district.

Previously, he was senior economist at IHS Global Insight for nearly four years. Tilley served as economist for the U.S. Department of Housing and Urban Development before that. He was an adjunct faculty member at Temple University for almost 12 years, and served on the board of directors for the Pennsylvania Economic Association. Currently, Tilley is a member of the National Association for Business Economics and the Philadelphia Council for Business Economics.

Tilley earned a bachelor’s degree in Economics and History from James Madison University, and received a master’s degree and Ph.D. in Economics from Temple University.

ABOUT WILMINGTON TRUST
Wilmington Trust offers an array of investment services to high-net-worth individuals and families, business owners, foundations and endowments, financial advisors, and corporations. Wilmington Trust oversees $80 billion in assets, as of Sept. 30, 2014.

Wilmington Trust also provides Wealth Advisory services for affluent clients in every state in the United States and in 35 other countries. Wilmington Trust is one of the largest personal trust providers in the United States. Additionally, Wilmington Trust provides Institutional Client Services for clients in more than 90 countries, offering specialized corporate trust services and institutional investment capabilities.

Wilmington Trust has offices throughout the United States and internationally in London, Luxembourg, Frankfurt, Dublin, Amsterdam, and Cayman Islands. For more information, visit http://www.WilmingtonTrust.com.

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MEDIA CONTACT: Kent Wissinger, Wilmington Trust PR Manager (302)651-8758

Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Investment services, wealth advisory, and corporate and institutional products and services are offered by Wilmington Trust Company, operating in Delaware only, and Wilmington Trust, N.A., a national bank. International corporate and institutional services are offered through our international affiliates.

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