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Deals and People August 2, 2010
Northern Trust Hires New North Asian Sales Director
August 2, 2010 (PLANSPONSOR.com) - Northern Trust has announced that Pamela Yuen has joined as North Asian Sales Director for its Corporate & Institutional Services business unit.
Reported by PLANSPONSOR staff
Based in the firm’s Hong Kong office, Yuen will be responsible for business development in Hong Kong, China, Taiwan and Korea. According to the press release, she joins the firm with more than 15 years experience in asset servicing, most recently as Head of Relationship Management, Asia-Pacific for HSBC.
According to the announcement, Yuen has been at HSBC since 2006, 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, according to a press release.
As the senior executive responsible for expanding and developing business in the North Asia region, 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,” 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.”