Northern Trust hires securities services veteran to run Hong Kong asset servicing business

Custodian names long-serving State Street client services head to run asset servicing business in Hong Kong, Macau and Taiwan.

By Jonathan Watkins

Northern Trust has appointed Lily Kwok as head of client services for its asset servicing business in Hong Kong, Macau and Taiwan. 

Kwok has spent more than three decades in financial services with the majority of that time spent at State Street in Sydney and Hong Kong.

In her more recent role, she was director of business relationship management at FinEX Asia Investment.

Kwok was also head of market and financing services (MFS) business development and client solutions at BNP Paribas Securities Services in Hong Kong.

Kwok will report to Michael Wu, country executive for the Greater China region at Northern Trust. 

“We continue to see a high demand from our asset owner and asset manager clients in the region for tailored solutions and enhanced asset servicing capabilities across the region,” said Wu. “Lily’s wealth of experience will be instrumental in supporting our clients in reaching their goals across these key markets.”