Major custodian Northern Trust has appointed William Mak as its Asia Pacific region head, succeeding Teresa Parker.
The company announced this week that Parker would be assuming a strategic role within the company's Chicago headquarters.
It said Mak had been Singapore Country Manager and head of the South East Asia region since joining Northern Trust in July 2010.
"A Singapore native, he has more than 25 years experience in the region's financial services industry, including government and corporate entities," the announcement said.
Prior to joining Northern Trust, Mak was with BNY Mellon, ABN AMRO, and the Monetary Authority of Singapore, working in the Monetary and Reserve Management Division.
