Northern Trust Announces New Head of Investment Risk and Analytical Services for Asia-Pacific Region
CHICAGO and HONG KONG, Apr. 20 /PRNewswire-AsiaNet/ --
Northern Trust has appointed Madhu Gayer, an experienced risk
professional, as head of Investment Risk & Analytical Services (IRAS) for
asset servicing clients in the Asia-Pacific (APAC) region.
Based in Hong Kong, Mr. Gayer will be responsible for IRAS client
relations, sales and product development in the APAC region, with a
particular focus on strengthening Northern Trust's infrastructure for local
delivery of risk and performance services. Mr. Gayer comes to Northern Trust
from Kapstream Capital in Sydney, Australia, where as head of risk he
developed Kapstream's proprietary risk systems and was responsible for risk
budgeting and analysis for the absolute return global fixed income strategy.
He also headed the investment analytics group at Challenger Financial
Services Group, Sydney, and has developed and implemented risk and analytics
for investment firms in APAC for 12 years.
Jim Trotter, Global Head of IRAS for Northern Trust, welcomed the
appointment: "Madhu brings vast experience in compliance, risk and
performance attribution that will be vital to developing risk products for
Northern Trust's clients as we continue to grow our presence in the APAC
region."
Northern Trust has made significant appointments to its APAC team in the
past year, including Kevin Hardy as regional head of Northern Trust Global
Investments and Paul Cutts as managing director of the Melbourne Office. In
recent months, Northern Trust has been recognized by two regional
publications: The Asset magazine named Northern Trust "Best Custody
Specialist" and Asia Asset Management magazine awarded the title of "Best
Client Servicing in Asia-Pacific" to Northern Trust. Both awards cited
accomplishments in 2008.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
investment management, asset and fund administration, fiduciary and banking
solutions for corporations, institutions and affluent individuals worldwide.
Northern Trust, a financial holding company based in Chicago, has a growing
network of 85 offices in 18 U.S. states and has international offices in 15
locations in North America, Europe, the Middle East and the Asia-Pacific
region. As of December 31, 2008, Northern Trust had assets under custody of
US$3.0 trillion, and assets under investment management of US$558.8 billion.
Northern Trust, founded in 1889, has earned distinction as an industry leader
in combining exceptional service and expertise with innovative products and
Northern Trust operates in Australia as a foreign authorised
deposit-taking institution (foreign ADI) and is regulated by the Australian
Prudential Regulation Authority.
Northern Trust in Hong Kong is a securities company regulated by the
Securities and Futures Commission.
Northern Trust in Singapore is a foreign wholesale bank regulated by the
Monetary Authority of Singapore.
Northern Trust operates in China as a Representative Office and is
regulated by the China Banking Regulatory Commission.
Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services
(Guernsey) Limited, Northern Trust Fiduciary Company (Guernsey) Limited and
Northern Trust International Fund Administration Services (Guernsey) Limited
are licensed by the Guernsey Financial Services Commission
Northern Trust International Fund Administrators (Jersey) Limited and
Northern Trust Fiduciary Services (Jersey) Limited are regulated by the
Jersey Financial Services Commission
Northern Trust Global Services is authorised and regulated in the
Netherlands by De Nederlandsche Bank
Northern Trust Global Services Limited Luxembourg Branch is authorised
and regulated by the Financial Services Authority and in Luxembourg by the
Commission de Surveillance du Secteur Financier (CSSF) and Northern Trust
Luxembourg Management Company S.A. is regulated by the CSSF
Northern Trust Global Services Limited - Abu Dhabi. Representative
Office, Licence number 13/238/2008
Where Northern Trust's UK entities undertake regulated business, they are
authorised and regulated in the United Kingdom by the Financial Services
Authority
Northern Trust International Fund Administration Services (Ireland)
Limited and Northern Trust Fiduciary Services (Ireland) Limited are each
authorised by the Irish Financial Services Regulatory Authority pursuant to
section 10 of the Investment Intermediaries Act, 1995 (as amended)
SOURCE: Northern Trust Corporation
CONTACT: EMEA Contact,
Camilla Greene,
+44 (0) 20 7982 2176,
cg81@ntrs.com, or North America & Asia-Pacific Contacts,
John O'Connell,
+1-312-444-2388,
jo45@ntrs.com, or
Kathleen Fitzgerald,
+1-312-444-3094,
kdf2@ntrs.com, all of Northern Trust
(NTRS)
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