Northern Trust Names Caroline Higgins and Iain Carey to Leadership Positions in Asia

HONG KONG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces the appointment of Caroline Higgins as the head of Hong Kong, Macau and Taiwan and Iain Carey as the head of Global Funds Services in Asia.

Based in Hong Kong, Higgins will report to Angelo Calvitto, newly named head of Asia-Pacific, Northern Trust. In this leadership role, she will oversee Northern Trust’s asset servicing business activities across the three markets and assume executive management responsibilities for Northern Trust’s Hong Kong office.

Reporting to Higgins, and assuming her prior role as head of Global Fund Services for Asia is Carey. He will oversee client service and the offering of Northern Trust’s fund administration solutions to clients across the region.

“We are pleased to make these strategic appointments. Both Caroline and Iain have the regional experience and industry expertise to drive the expansion and enhancement of solutions we offer to asset managers and asset owners across Asia,” said Calvitto, Northern Trust. Through their leadership we will continue our focus on delivering quality client service and innovative digital-and data-driven solutions.”

Prior to joining Northern Trust in 2016, Higgins held several senior leadership and client management positions at Brown Brother Harriman, State Street and UBS. Carey was most recently head of Hedge Fund Services for Asia-Pacific and has worked at Northern Trust since 2010. Before joining Northern Trust, he worked for an Independent Financial Adviser in Australia.

Northern Trust has an established network of 11 offices across Asia-Pacific, including Australia, China, India, Japan, Malaysia, Philippines, Singapore and South Korea. It has strong relationships with some of the region’s largest central banks, sovereign wealth funds, government agencies and corporations, offering a comprehensive range of customized asset servicing, asset management and capital markets solutions.

ENDS

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 a global presence with offices in 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

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