SYDNEY – Northern Trust (Nasdaq: NTRS) has named Caroline Higgins as head of Global Fund Services (GFS), Asia Pacific, effective 1 October 2023.

Higgins will be responsible for overseeing services to global investment managers including fund administration, depositary, global custody, transfer agency, investment operations outsourcing and data solutions – supporting a range of complex investment strategies across the full spectrum of asset classes.

Higgins, who joined Northern Trust in 2016, was most recently head of Hong Kong, Macau, and Taiwan at Northern Trust. In her new role, she will return to her native Australia, where she will focus on leveraging Northern Trust’s global capabilities and expand regional products and services for Northern Trust’s asset manager clients. She will report to Toby Glaysher, president, GFS.

Prior to joining Northern Trust in 2016, she held senior leadership, product and client management positions within Asia, Europe and Australia working at Brown Brothers Harriman (BBH), State Street, RBC Global Services, UBS Brinson and Citibank.   

“We are pleased to name Caroline to this role overseeing our GFS activities region-wide,” said Glaysher. “We see continued growth and increasing opportunity to offer our solutions to clients in Asia Pacific. Caroline’s industry expertise, capabilities, and experience working at Northern Trust across Asia, both focused on the region’s leading asset managers and Northern Trust’s global clients, will ensure we are well placed to continue to support their evolving needs.”

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

ENDS

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 25 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2023, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

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