MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today it has named Angelo Calvitto as head of its Australasia business – comprising Australia, New Zealand and the Pacific Islands. He succeeds Madeleine Senior who will assume a leadership role in Northern Trust’s London office.
Effective June 8, 2018, Calvitto will be responsible for leading Northern Trust’s business in Australasia providing asset servicing, asset management and capital markets solutions to sophisticated institutional and investment manager clients. He will report to William Mak, head of Asia-Pacific for Northern Trust.
Calvitto joined Northern Trust in 2008 and was most recently head of sales for Northern Trust’s institutional business across Asia-Pacific. During his 30-year career in financial services, Calvitto has worked in custody operations, investment fund services, relationship management and sales and held positions in major global companies, working in Australia and the United Kingdom.
“Northern Trust’s Australasia business has undergone a dynamic period of expansion over the past few years and been a key driver of growth across the broader Asia-Pacific region,” said Mak. “Over the past ten years, Angelo has made a valuable contribution to the expansion of our client base, product capabilities and footprint in the region, and we are pleased to appoint him to this position. His leadership, experience and regional expertise will ensure we remain best-placed to support the unique needs of our clients across the region.”
Northern Trust’s offices in Sydney and Melbourne offer a comprehensive range of customized asset servicing, asset management and capital markets solutions to its institutional and investment manager clients across Australasia. Northern Trust now employs around 140 people in its Sydney and Melbourne offices and is a top 10 custodian in the Australian market by assets under custody, according to Australian Custodial Services Association data as of June 2017.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2017, Northern Trust had assets under custody/administration of US$10.7 trillion, and assets under management of US$1.2 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.