HONG KONG--(BUSINESS WIRE)--Northern Trust announced today that Pamela Yuen has joined as North Asian Sales Director for its Corporate & Institutional Services business unit. Based in the Hong Kong office, Ms. Yuen will be responsible for business development in Hong Kong, China, Taiwan and Korea. She comes to Northern Trust with more than 15 years experience in asset servicing, most recently as Head of Relationship Management, Asia-Pacific for HSBC.

As the senior executive responsible for expanding and developing business in the North Asia region, Ms. Yuen reports to Rohan Singh, Head of Asset Servicing Sales in Asia Pacific.

“Pamela has an established track record in guiding institutional investors on global custody matters, as they increasingly allocate assets to foreign currency markets,” Mr Singh said. “With her experience in operations, relationship management and consulting in North Asia, Pamela will provide strong leadership for spearheading Northern Trust’s continued growth and focus in developing the region.”

Since 2006, Ms. Yuen has been at HSBC, as Deputy Head of Sales for Asia-Pacific and then Head of Relationship Management, Asia Pacific, where she led business development in China. Her particular areas of responsibilities were sovereign wealth funds and the qualified domestic institutional investor segment. Prior to that, she was Head of Operations for First State Investments in Hong Kong, responsible for re-engineering the operating model and integrating overseas offices. She started her career at HSBC with additional stints at Citibank, Deutsche Bank, and ABN AMRO Asset Management over the years.

“Northern Trust is a premier provider of specialized global custody solutions to sovereign wealth funds, government pension funds and key domestic institutional investors, and I am excited to join their team in the Asia-Pacific region,” Ms. Yuen said. “I look forward to expanding Northern Trust’s presence and building on our existing relationships in the North Asian region.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2010, Northern Trust had assets under custody of US$3.5 trillion, and assets under investment management of US$603 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.

The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

• Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
• Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary Services(Ireland) Limited are regulated by the Financial Regulator.
• Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
• Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
• The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
• The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority.
• The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
• The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
• The Northern Trust Company operates in China as a Representative Office and is regulated by the China Banking Regulatory Commission.
• Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
• Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.