Categories: Wire Stories

Northern Trust Names New Head for its Business Across Australia and New Zealand

MELBOURNE, Australia–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced it has appointed Leon Stavrou as head of its business in Australia and New Zealand.

Stavrou was most recently a global services executive responsible for Northern Trust�s asset servicing operations across Australia and for ensuring the provision and development of Northern Trust’s tailored range of asset servicing solutions to clients across Asia Pacific. He succeeds Angelo Calvitto, who was named as head of Northern Trust in Asia Pacific in June this year.

Effective 1 October 2021, Stavrou will be responsible for overseeing the overall strategic direction for Northern Trust’s business providing solutions to its sophisticated corporate and institutional clients across the region. He will report to Calvitto.

“Leon is a proven and trusted leader and we are pleased to appoint him to lead our business in the region,” said Calvitto. “His experience working with sophisticated institutional clients with unique requirements will support us as we continue our business momentum and bring innovative solutions for our clients across Australia and New Zealand.”

Stavrou has more than 20 years of experience of working within the asset servicing industry, with the last 11 years spent at Northern Trust. Prior to joining Northern Trust, Leon held managerial roles at National Australia Bank Asset Servicing. His qualifications include a Bachelor of Commerce from the University of Melbourne, a Certified Practicing Accountant (CPA) and a Graduate Diploma in Applied Finance and Investment (FINSIA).

Northern Trust is a full-service provider, offering a comprehensive range of customised asset servicing, asset management and capital markets solutions to its institutional and investment manager clients across Australia and New Zealand.

Northern Trust employs more than 200 people in its Sydney and Melbourne offices and is the second largest custodian in the Australian market by total assets under custody, according to Australian Custodial Services Association data as of June 2021.

About Northern Trust

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 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2021, Northern Trust had assets under custody/administration of US$15.7 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for 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 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

Contacts

Europe, Middle East, Africa & Asia Pacific:
Camilla Greene

+44 (0) 20 7982 2176

Camilla_Greene@ntrs.com

Marcel Klebba

+44 (0) 20 7982 1994

Marcel_Klebba@ntrs.com

Sefiani on behalf of Northern Trust in Australia
Amy Boyce

+61 2 8920 0700

aboyce@sefiani.com.au

US & Canada:

John O’Connell

+1 312 444 2388

John_O’Connell@ntrs.com

Alex

Recent Posts

CGTN: China vows continued efforts to build Asia-Pacific community with shared future

BEIJING, CHINA - Media OutReach Newswire - 8 November 2024 - Since its inception more…

55 mins ago

TBS Energi Utama to Acquire Singapore’s Integrated Waste Management Services Provider, Sembcorp Environment Pte. Ltd.

Acquisition Expands TBS’ Regional Waste Management Platform in Indonesia and Singapore, aligning with its TBS2030…

2 hours ago

Score 11 Unbeatable Deals This 11.11 on Shopee with 90% Off Lowest Price Guaranteed

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 November 2024 - It’s that time…

4 hours ago

Shenzhen China Wins the World Smart City Award, Demonstrating the Global Influence of Social Intelligent Governance of Mega City

BARCELONA, SPAIN - Media OutReach Newswire - 8 November 2024 - On November 6, Central…

5 hours ago

Singapore – A Trusted Global Supply Chain Management Hub

SINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position…

7 hours ago

OPPO Celebrates Global Photography Talent at Paris Photo Fair under the theme of “Dear Life”

PARIS, FRANCE - Media OutReach Newswire – 8 November 2024 - This year, OPPO once…

7 hours ago