Northern Trust has named Peter Jordan as new head of global fund services in Australia and New Zealand.
In his new role, Jordan will manage Northern Trust Global Fund Services asset servicing offerings for investment managers and fund companies.
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Jordan will report to Peter Cherecwich, head of global fund services and Rohan Singh, country head of Australia and New Zealand.
Jordan has joined Northern Trust in 1992, most recently serving as chief administration officer for Global Fund Services.
Previously, he also served as managing director of Northern Trust Ireland to expand the firm’s fund administration business across Europe.
Northern Trust Asia-Pacific head Teresa Parker said that Asia-Pacific is the fastest growing region for Northern Trust with assets under custody growing at an annual rate of 26% from 2008 through 2013, and assets under management growing by 15% annually over that five-year period.
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