Chicago-headquartered Northern Trust has promoted an ex-head of global fund services for the region and named a successor to the role.
Northern Trust named Caroline Higgins as its head of Hong Kong, Macau and Taiwan, according to a statement, reporting to newly appointed APAC head Angelo Calvitto.
Higgins was promoted from her most recent role as head of global funds services in Asia.
Prior to joining Northern Trust in 2016, Higgins held several senior leadership and client management positions at Brown Brother Harriman, State Street and UBS.
Successor
Iain Carey, most recently APAC head of hedge fund services, replaces Higgins’ role as head of global funds services in Asia.
Carey has worked with Northern Trust since joining in 2010 and was previously an independent financial advisor in Australia.
Northern Trust offers asset servicing, asset management and capital markets solutions with 11 offices across Asia including Australia, China, India, Japan, Malaysia, Philippines, Singapore and South Korea.
