The new head will also continue in his current role as head of Institutional Client Group, Japan and become the representative director and chair of the board of Northern Trust Global Investments – subject to regulatory approval.

Northern Trust Asset Management (NTAM), a firm with with $1.2 trillion in assets under management as of 31 March 2024, has appointed Naoto Komoro to lead its asset management business in Japan.

Komoro will also continue in his role as head of Institutional Client Group, Japan and become the representative director and chair of the board of Northern Trust Global Investments, subject to regulatory approval. Effective immediately, Komoro will report to John McCareins, head of International, Northern Trust Asset Management and Bert Rebelo, head of Institutional Client Group, Asia Pacific, at Northern Trust Asset Management.

Since joining Northern Trust in 2007, Komoro has worked in senior roles across portfolio management, client management and sales in the manager’s London and Tokyo offices. Prior to NTAM, he spent six years at Mizuho Trust & Banking Co as a fund manager for the passive and quantitative investment management department. He is a Chartered Member of the Security Analysts Association of Japan (CMA) and Certified International Investment Analysts (CIIA).

“Naoto has a deep understanding and experience of our business, the Japanese market and our clients. This appointment reflects our deep talent bench enabling us to seamlessly continue our focus on driving strategic growth for this important international market,” McCareins said.

From Japan, Northern Trust Asset Management offers a range of multi-asset management and investment advisory services to pensions funds, non-profit organisations and financial intermediaries.