Angelo Calvitto is heading up Northern Trusts Asia-Pacific asset servicing business, starting today.
Based in Melbourne, Calvitto will lead the expansion and development of Northern Trusts asset servicing business serving institutional clients across central banks, sovereign wealth funds, public pension funds, government agencies, investment management firms, insurance companies and other large global institutions.
Calvitto has more than 30 years of global custody services experience with prior roles in operations, investment administration, fund services, relationship management and sales in both Australian and UK markets, working for ANZ Custodian Services and State Street.
Calvitto, who has been with Northern Trust since 2008, was previously country head for Northern Trust in Australia. His new role will build on the work of William Mak, who, from Singapore, spearheaded the expansion of Northern Trusts footprint across the Asia-Pacific region. Today the company has 11 offices across the region, including Hong Kong, Manila, Seoul, Sydney and Tokyo.
Northern Trusts president of corporate & institutional services Peter Cherecwich says : The Asia-Pacific region is a leading centre for technology innovation, with Singapore as a key hub, particularly for our blockchain initiatives. More broadly, we continue to see significant demand for our entire range of asset servicing solutions across the region.
Ange, through his leadership of our business in Australia, has demonstrated his expertise in bringing our solutions to clients and we look forward to seeing him harness his experience across the region and continuing to build on Williams successful legacy, Cherecwich adds.