Northern Trust has appointed Julie Zhu to lead its asset-servicing business in China, taking over the role of branch manager from Michael Wu who was recently appointed country executive for Greater China. Zhu, based in Beijing, will report to Angelo Calvitto who was recently appointed head of the Asia-Pacific region.

Prior to this appointment, Zhu, who has been with Northern Trust since 2005 and working predominantly with Chinese clients, was most recently deputy Beijing branch manager. She also worked as a relationship manager for 15 years prior to that appointment.

“Zhu brings immense experience in fund operations, investment operations outsourcing, project management and business development to our rapidly growing Greater China business,” Calvitto says. 

Northern Trust has 11 offices across Asia-Pacific, including in Australia, China, India, Japan, Malaysia, Philippines, Singapore and South Korea. It has relationships with some of the region’s largest central banks, sovereign wealth funds, government agencies and corporations, and offers customized asset servicing, asset management, and capital-market solutions.