William Mak assumes the role of Asia-Pacific chief to continue expansion across the region, as Teresa Parker is set to leave for the US.
The custodian has hired a former central banker in Kuala Lumpur as it looks to tap rising demand for servicing of international investments in Asia. A Korea office may also be on the cards.
The firm has hired George Hindmarsh from Citi as regional head of business development for asset servicing to institutional clients and he will be looking to add dedicated resources.
Margaret Law joins from Bank of America Merrill Lynch to replace Lawrence Au and help develop asset-servicing products.
Monetary Authority of Singapore veteran William Mak switches US firms to a newly created role.
Transition managers can look forward to continued growth in demand for advisory services this year, says State StreetÆs Justin Balogh.