Rohan Singh has left his role as country head for Singapore and head of South East Asia at Northern Trust with reports suggesting he will join BNY Mellon.
Reports in the Asian and Australian press said Singh would take over as APAC regional head for BNY Mellon’s securities servicing business.
A spokesperson for Northern Trust confirmed Singh had departed in early May.
William Mak, head of Northern Trust in APAC, has assumed Singh’s responsibilities in the interim alongside “leaders of Northern Trust’s Singapore management team.”
A BNY Mellon spokesperson told Global Custodian “we don’t comment on market rumour.”
Singh initially joined Northern Trust in 2007 as head of sales for the APAC region.
He then became managing director and country head for Australia in 2011 before taking up his most recent role in 2015.
He also previously worked for Citibank and State Street in various business management and sales roles across the APAC region.
BNY Mellon, which holds $30.6 trillion in assets under custody, has undergone a difficult period in the APAP region in recent years.
In November 2015, NAB Asset Servicing appointed Citi as its global custodian taking the assets away from BNY Mellon.