People Moves
New Head Of Global Fund Services For Asia-Pacific At Major US Bank

There has been a reshuffle in the Global Fund Services arm of Northern Trust in Asia-Pacific.
Northern
Trust, the US-headquartered banking group, has named Peter
Jordan as new head of global fund services for the Asia-Pacific
region, replacing Camie West, who will return to Chicago and
assume the role of head of strategic client relationships for the
GFS business.
Jordan was earlier this year appointed as head of GFS in
Australia and New Zealand to support the firm's growing fund
service. In his new, freshly-expanded role, he will report to
Peter Cherecwich, head of GFS and William Mak, Singapore-based
head of Northern Trust in the Asia-Pacific region. Jordan joined
the firm in 1992 and has served as chief administration officer
for Northern Trust GFS, from his London base, where he was
responsible for the firm’s global institutional client
relationships and was also involved in the business expansion in
Ireland, where he was managing director for three years.
West, the outgoing head of GFS, was involved in growing the
business’ regional hub in Hong Kong. In her new role, she will
lead the group responsible for large, global and prospective GFS
clients, the firm said in a statement.
Among recent moves at the bank were those of Benze Lam, who in
late June was named head of the Greater China region, responsible
for the asset management business strategy across Asia-Pacific
and, in particular, Greater China. In May, Northern Trust named a
new Asia-Pacific head, to succeed Teresa Parker who is moving to
the US to assume a key role at the headquarters.
William Mak is now head of the Asia-Pacific region, after serving
as Singapore country manager and head of the South East Asia
region since July 2010. Parker had been head of the region since
August 2009. As of 30 June, Northern Trust had assets under
custody of $6 trillion, and assets under investment management of
$924.4 billion.