Angelo Calvitto is Northern Trust Asia-Pacific head

KUALA LUMPUR, June 1 -- Northern Trust has named Angelo (Ange) Calvitto to lead its asset servicing business across the Asia-Pacific region.

Calvitto who was most recently country head for Northern Trust in Australia succeeds William Mak who is retiring from the company after 11 years.

Mak led the expansion of Northern Trust’s footprint across the Asia-Pacific region from Singapore, which this year celebrates 25 years since it was first established as Northern Trust’s regional headquarters.

Calvitto, who joined Northern Trust in 2008, will drive the growth and development of Northern Trust’s 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 sophisticated global institutions.

“We thank William for his service and leadership and are delighted to name Ange to this important role,” said Northern Trust president of Corporate & Institutional Services, Peter Cherecwich, in a statement.

“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 William’s successful legacy,” he added.

Holding an MBA from RMIT University, Calvitto has over 30 years global custody services experience and has held positions in operations, investment administration, fund services, relationship management and sales in both Australian and UK markets.

Prior to joining Northern Trust, Calvitto worked for ANZ Custodian Services and State Street.

Northern Trust has offices across Asia-Pacific in Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Seoul, Singapore, Sydney and Tokyo.

It has strong relationships with some of the region’s largest central banks, sovereign wealth funds, government agencies and corporations, offering a comprehensive range of customised asset servicing, asset management and capital markets solutions.

-- BERNAMA