The firm says it is seeing rising demand for its fund administration and middle-office outsourcing solutions in the region.

US-listed Northern Trust has appointed Conlon Chen as head of operations for its global fund services business in Asia. 

Chen is responsible for Northern Trust’s middle-office outsourcing solutions and fund administration business across the region. Chen, who has more than 25 years of experience in financial services reports to Caroline Higgins, head of global funds services, Asia at Northern Trust.

“Northern Trust’s business in Asia is growing rapidly and we are seeing an increased demand for tailored fund administration and middle-office outsourcing solutions,” Higgins said. 

Prior to the new role, Chen was head of operations at Maples Fund Services, and has previously held various senior positions with responsibility for managing fund administration and fund trustee services at companies including Standard Chartered Bank, State Street Bank & Trust Company and RBC Investor & Treasury Services.

The group has a network of 11 offices across Asia-Pacific: Beijing, Bengaluru, Hong Kong, Kuala Lumpur, Manila, Melbourne, Pune, Seoul, Singapore, Sydney, and Tokyo.