Yen Leng Ong has been appointed to the dual position of country head of Singapore and head of South-East Asia at Northern Trust subject to regulatory approval, and effective from 1 December.
Ong is the currently the chief administrative officer for Northern Trust in the Asia-Pacific where she is responsible for regional business and product strategy. Within her new role, Ong would continue to report to head of Northern Trust Asia-Pacific, William Mak.
Commenting on the appointment, Mak said: “As part of our APAC leadership and Singapore management teams, Yen Leng has been instrumental in growing our client base in the region”.
“Her valuable experience in product strategy will ensure our APAC clients benefit from our asset servicing solutions designed to help them navigate challenges and increasing complexity in the market,” he said.
Ong first joined Northern Trust in 2009.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.