Northern Trust appoints Angelo Calvitto as head of Asia-Pacific region

MELBOURNE, Australia and SINGAPORE–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced that it has appointed Angelo (Angel) Calvitto to lead its asset management business in the Asia-Pacific region.

Calvitto, who was most recently Northern Trust’s national director in Australia, will succeed William Mak, who is retiring from the business after 11 years. Mak led the expansion of Northern Trust’s footprint in the Asia-Pacific region from Singapore, which this year celebrates 25 years since its inception as Northern Trust’s regional headquarters. Today, the company has 11 offices across the region.

From his Melbourne base, Calvitto, who joined Northern Trust in 2008, will drive the growth and development of Northern Trust’s asset management business serving institutional clients from central banks, sovereign wealth funds, public pensions, government agencies, investment management firms, insurance companies and other large, sophisticated global institutions.

“We thank William for his service and leadership and are delighted to appoint Ange to this important position,” said Peter Cherecwich, President of Corporate and Institutional Services, Northern Trust. “The Asia-Pacific region is a leading center for technology innovation, with Singapore as a key hub, particularly for our blockchain initiatives. More generally, we continue to see strong demand for our full range of asset management solutions in the region.

“Ange, through his leadership of our business in Australia, has demonstrated his expertise in delivering our solutions to customers and we look forward to seeing him leverage his experience across the region and continue to build on the successful legacy of William,” he added.

Calvitto has over 30 years of experience in global custodial services and has held positions in operations, investment administration, fund services, relationship management and sales in the Australian and UK markets. Prior to joining Northern Trust, Calvitto worked for ANZ Custodian Services and State Street. He holds an MBA from RMIT University.

Northern Trust has offices throughout Asia Pacific in Beijing, Bangalore, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Seoul, Singapore, Sydney and Tokyo. It maintains close relationships with some of the largest central banks, sovereign wealth funds, government agencies and corporations in the region, offering a full range of customized asset servicing, asset management and capital markets solutions.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

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