Northern Trust, a global leader in wealth management, asset servicing, asset management, and banking, has announced the appointment of Aisling Keane as the Head of Asset Servicing for Hong Kong, effective September 4, 2023. In this newly created role, Keane will lead Northern Trust’s asset servicing operations in Hong Kong, Macau, and Taiwan. She will be responsible for steering the strategic direction of the asset servicing business and delivering tailored solutions to clients.
Aisling Keane brings an impressive 20 years of industry experience to her new role. Prior to joining Northern Trust, she served as the Head of Alternative Investment Solutions for the Asia Pacific (APAC) region at State Street. Her career also includes leadership roles as the Head of Hedge Fund Services, APAC at BNP Paribas Securities Services, and Director at Credit Suisse. Keane holds a Master of Arts in Economics from the University College Cork in Ireland.
Reporting directly to Angelo Calvitto, Head of Asia Pacific at Northern Trust, Aisling Keane’s appointment underscores the firm’s commitment to strengthening its presence in the Asia Pacific region. Calvitto enthusiastically welcomed Keane to the team, expressing his satisfaction with her addition by stating, “We are delighted to have Aisling join our team. Her extensive industry knowledge, expertise in the securities servicing sector, and strong business acumen will be instrumental in our ongoing commitment to delivering value and expertise to our clients in the region while effectively addressing their evolving requirements.”
Northern Trust has been actively expanding its footprint in the Asia Pacific region, and the appointment of Keane reinforces its commitment to providing exceptional asset servicing solutions to its clients in the area. The firm already boasts a well-established network of offices across Asia Pacific in key locations such as Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Singapore, Sydney, and Tokyo.
Northern Trust has cultivated strong relationships with some of the Asia Pacific region’s most prominent central banks, sovereign wealth funds, government agencies, corporations, and asset managers. The firm is renowned for offering a comprehensive range of customized asset servicing, asset management, and capital markets solutions that cater to the unique needs and demands of its diverse clientele.
Founded in Chicago in 1889, Northern Trust has steadily grown into a global financial powerhouse. With a presence in 25 U.S. states and Washington, D.C., as well as 22 locations across Canada, Europe, the Middle East, and the Asia-Pacific region, Northern Trust serves a broad spectrum of clients, including corporations, institutions, affluent families, and individuals.
As of June 30, 2023, Northern Trust reported assets under custody/administration totaling an impressive US$14.5 trillion, along with assets under management amounting to US$1.4 trillion. These figures underscore the firm’s stature as a trusted custodian and asset manager on a global scale.
The appointment of Aisling Keane as the Head of Asset Servicing in Hong Kong represents a strategic move by Northern Trust to enhance its capabilities in one of Asia’s most dynamic financial hubs. As the region continues to experience robust growth in wealth management and asset servicing demands, Northern Trust is poised to play a pivotal role in supporting clients and delivering innovative financial solutions.
In conclusion, Northern Trust’s decision to appoint Aisling Keane as Head of Asset Servicing in Hong Kong reaffirms the company’s dedication to providing top-tier financial services and solutions in the Asia Pacific region. With a seasoned industry veteran like Keane at the helm, Northern Trust is well-positioned to meet the evolving needs of its clients while further solidifying its status as a leading player in the global financial services industry.