Press Release - April 16, 2019

 
HONG KONG —
 
Northern Trust Names Conlon Chen to Lead Operations for Global Fund Services in Asia, Following Rapid Growth
 

Northern Trust (Nasdaq: NTRS) has appointed Conlon Chen as head of operations for its Global Fund Services business in Asia. Chen is responsible for Northern Trust’s middle-office outsourcing solutions and fund administration business across the region.

Chen, who has more than 25 years of experience in financial services reports to Caroline Higgins, head of Global Funds Services, Asia at Northern Trust.

“We are delighted Conlon has joined our team as head of Global Fund Services operations for Asia,” said Higgins. “Northern Trust’s business in Asia is growing rapidly and we are seeing an increased demand for tailored fund administration and middle-office outsourcing solutions. The extensive experience that Conlon brings to the team will enable us to continue providing exceptional support to our clients and meeting their unique requirements in the region.”

Prior to joining Northern Trust, Chen was head of operations at Maples Fund Services, and has previously held various senior roles, responsible for managing fund administration and fund trustee services, at companies including Standard Chartered Bank, State Street Bank & Trust Company and RBC Investor & Treasury Services.
Northern Trust Global Fund Services provides custody, fund administration and investment operations outsourcing solutions to investment managers across the globe and across the spectrum of asset classes and fund ranges. It has supported a range of complex investment strategies on behalf of investment management clients for more than 30 years.

Northern Trust has an established network of 11 offices across Asia-Pacific – in Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Seoul, Singapore, Sydney, and Tokyo. It has strategic relationships with some of the region’s largest central banks, sovereign wealth funds, government agencies, corporations, hedge funds, and asset managers, offering a comprehensive range of customised asset servicing, asset management and capital markets solutions.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2018, Northern Trust had assets under custody/administration of US$10.1 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.