Northern Trust's new Asia head outlines plans
Teresa Parker talks about expanding the US firm's transition management and risk reporting services in the region.
In Northern Trust's third-quarter earnings call, chief financial officer Bill Morrison attributed the majority of the 2% global year-on-year headcount increase to demand in Asia-Pacific. In the last 18 months, notable hires have included Kevin Hardy as regional investments head and Michael Wu as chief representative to China.
But the Chicago-based custodian and service provider's most notable recent appointment was Teresa Parker's promotion to Asia-Pacific chief executive in August. …
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