AUSTRALIA/NEW ZEALAND - Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business.
Singh (pictured) succeeds Paul Cutts as the new head of Australia and New Zealand and will relocate to Melbourne in October this year. He will report to chief executive officer of the Asia Pacific region Teresa Parker.
Cutts will assume the role of country head for the Channel Islands based in Guernsey, replacing Vic Holmes who retires at the end of November. Cutts will report to head of global fund services Peter Cherecwich and to CEO for Europe, Middle East and Africa, Wilson Leech.
Both roles will take effect on 1 November 2011.
With 17 years' industry experience, Singh joined the firm in 2007 and was head of sales for the asset servicing business in Asia Pacific. He was based in Singapore and helped develop the firm's business across the region. Prior to this, he was head of sales for South Asia at Citigroup.
Parker and Cherecwich said in a joint statement: "We are pleased to announce these changes, which demonstrate Northern Trust's deep bench of executive talent and commitment to our growing business in Australia and New Zealand and our global fund services operations in the Channel Islands."
Parker added: "Under Paul Cutts, Northern Trust has steadily built our presence and capabilities in Australia and New Zealand to better serve our growing client base. I am confident that Rohan Singh, with his years of global and regional experience, will continue our growth as a full-service provider to these markets."
Singh said: "This appointment to serve as managing director of Australia and New Zealand is a great opportunity and I look forward to delivering Northern Trust's leading capabilities to our client base of large, sophisticated institutions."
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