Northern Trust has appointed Christopher Thomson as a business development manager to its Melbourne office as the firm continues to build its asset servicing business in Australia.
Thomson was most recently sales and relationship manager with JP Morgan treasury services in Australia, and before that was a client relationship manager and investment operations manager with Goldman Sachs JB Were and State Street.
Jeremy Hester, head of business development for Northern Trust Australia, said Thomson has strong product knowledge and extensive investment, operational and strategic management experience in Australia.
In the past two years, Northern Trust has made several other senior appointments in areas such as investment operations outsourcing, custody relationship management and product management.
The company stated that it was preparing for particular growth in master custody and middle office services for superannuation funds, investment managers, insurance companies and sovereign wealth funds.
"Strategically, Australia is a key market for Northern Trust, and we continue to invest in people and global capabilities to meet the needs of our growing client base of sophisticated institutional investors," Northern Trust Australia managing director Rohan Singh said.
