Northern Trust has appointed two new sales directors in Asia to support its continued expansion and growth strategy for its institutional asset servicing business in the region.
Bibianna Man has been appointed Sales Director for North Asia based in Hong Kong. Man joins with a strong background in global institutional asset servicing, having held different business development, relationship management and operational management roles with State Street in Boston, Hong Kong and Taiwan, Bankers Trust and Deutsche Bank in Hong Kong, and most recently as Head of Business Development for Standard Chartered Bank’s Greater China Securities Services business.
Alex Tobing has been appointed Sales Director for South Asia based in Singapore. Tobing joins with a strong background in cash management and related services for institutional clients in the region, having worked with ABN Amro Bank Singapore and Citibank Jakarta and Singapore in sales, product development and client management roles. Previously, he was a business consultant with Arthur Andersen.
“We are very pleased to have Bibianna and Alex joining us and bringing with them strong and diverse financial industry experience and expertise,” says Lawrence Au, General Manager, Asia Pacific, for Northern Trust. “Their appointments further enhance our coverage of, and support to, potential clients in the region. By appointing such high calibre individuals with proven track records and an industry profile, we are able to continue to differentiate Northern Trust as a premier financial services provider in the region. Both Bibianna and Alex’s approach will be in line with Northern Trust’s consultative strategy in supporting institutional investors to formulate and implement high value-added, technology-driven information and asset servicing solutions for their increasingly sophisticated global investment strategies,” added Au. Northern Trust has been actively expanding its client base and support capabilities in the Asia Pacific region as part of its long-term strategic plan to grow its business in the area. We opened a Representative Office in Beijing in March this year to complement our existing offices in Singapore, Hong Kong and Tokyo. Our Singapore hub moved to a newer and bigger office space in May to provide the infrastructure to support our business growth. At the same time, earlier in 2005 we enhanced our alternative asset servicing capabilities by acquiring Baring Asset Management’s Financial Services Group.”