Northern Trust has appointed a new head of Australia and New Zealand, to replace Rohan Singh who will return to Northern Trust’s Singapore office as head of Singapore and south-east Asia.
Madeleine Senior will take up the role on 1 September 2015 and be responsible for leading Northern Trust’s business in Australia and New Zealand, providing asset servicing and asset management solutions to sophisticated institutional and fund manager clients in these countries.
She will report to William Mak, head of Asia Pacific for Northern Trust.
Ms Senior has more than 20 years of experience working in financial services across the globe and joined Northern Trust in 1995.
Most recently, she was head of business development for Northern Trust’s asset servicing business in Europe, Middle East and Africa (EMEA), where she led the expansion of Northern Trust’s client base, product offering and geographical reach across the region.
Prior to this, she was managing director of the Nordic region, based in Stockholm.
"Northern Trust's business in the Asia-Pacific region has expanded dramatically over the past five years, with assets under custody growing at an annual rate of 13 percent. The Melbourne office in particular has been a key driver of this growth," said Mr Mak.
"Madeleine has been instrumental in the successful growth of our European business during a time of increased regulatory change and market consolidation, and her leadership and expertise will be invaluable in ensuring the continued expansion of our business in Australia and New Zealand."
Wealth management relationships are under threat as clients look to switch providers driven by the impact of the royal commission. ...
S&P Dow Jones has announced a new addition to its global ESG index using enhanced ESG scores and granular data. ...
Investor confidence is on the rebound and the ASX hit a 12-year high on Monday. But it’s not all good news for the Australian economy. ...