Press release
Northern Trust Names Angelo Calvitto Head of Asia-Pacific
Calvitto Succeeds William Mak who Retires After 35 Year Career in Financial Services MELBOURNE, Australia & SINGAPORE--(BUSINESS WIRE)-- Northern Trust
About this update from Northern Trust Corporation
[{"type":"text","content":"\nCalvitto Succeeds William Mak who Retires After 35 Year Career in Financial Services\n\n MELBOURNE, Australia & SINGAPORE--(BUSINESS WIRE)--\nNorthern Trust (Nasdaq: NTRS) today announces it has named Angelo (Ange) Calvitto to lead its asset servicing business across the Asia-Pacific region.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210531005338/en/(Photo: Business Wire)\nCalvitto who was most recently country head for Northern Trust in Australia will succeed William Mak who is retiring from the company after 11 years. Mak led the expansion of Northern Trust’s footprint across the Asia-Pacific region from Singapore, which this year celebrates 25 years since it was first established as Northern Trust’s regional headquarters. Today the company has 11 offices across the region.\n\nFrom his Melbourne base, Calvitto who joined Northern Trust in 2008, will drive the growth and development of Northern Trust’s asset servicing business serving institutional clients across central banks, sovereign wealth funds, public pension funds, government agencies, investment management firms, insurance companies and other large sophisticated global institutions.\n\n“We thank William for his service and leadership and are delighted to name Ange to this important role,” said Peter Cherecwich, president of Corporate & Institutional Services, Northern Trust. “The Asia-Pacific region is a leading centre for technology innovation, with Singapore as a key hub, particularly for our blockchain initiatives. More broadly, we continue to see significant demand for our entire range of asset servicing solutions across the region.\n\n“Ange, through his leadership of our business in Australia, has demonstrated his expertise in bringing our solutions to clients and we look forward to seeing him harness his experience across the region and continuing to build on William’s successful legacy,” he added.\n\nCalvitto has more than 30 years global custody services experience and has held positions in operations, investment administration, fund services, relationship management and sales in both Australian and UK markets. Prior to joining Northern Trust, Calvitto worked for ANZ Custodian Services and State Street. He holds an MBA from RMIT University.\n\nNorthern Trust has offices across Asia-Pacific in ...