Northern Trust has named a new Beijing branch manager to lead the asset servicing business in key region within China.
Julie Zhu will assume the role of branch manager from Michael Wu, who was most recently country executive for Greater China.
Zhu has been with Northern Trust for over 15 years, where she has worked predominantly with Chinese clients as a relationship manager, and most recently served as deputy Beijing branch manager.
“We’re delighted to appoint Julie as branch manager for Beijing. She brings immense experience in fund operations, investment operations outsourcing, project management and business development to our rapidly growing Greater China business. This appointment supports our continued focus on supporting our clients in China,” said Calvitto.
Zhu will report to Angelo Calvitto, who was appointed head of the Asia-Pacific region earlier this month. Calvitto joined Northern Trust in 2008 and was previously head of its Australia business. In the new role, he will be responsible for driving the growth and development of the custodian’s asset servicing business in the region.
In October last year, Northern Trust also named Caroline Hwang as its new head of client services for the asset servicing business in Hong Kong, Macau and Taiwan. Hwang joined from JP Morgan where she led teams servicing North Asia private bank clients as head of client services.