Northern Trust hires two in Hong Kong

The US custodian announces the appointment of a new director of sales and a risk management specialist.

Northern Trust has named Michael Tee as director of sales and services and Tony Leung as risk and performance consultant. The two men will be based at the bank's Hong Kong headquarters.

Tee will spearhead Northern Trust's business development in the North Asia region to provide integrated solutions to institutional investor clients including government bodies, pension funds, investment managers and financial institutions. He will also oversee the client administration team in Hong Kong.

A custody veteran, Tee worked in a variety of sales positions for European settlement agent and depository Clearstream, spending time in Hong Kong, Singapore, China, Taiwan and Southeast Asia. Prior to Clearstream, he worked for DBS Bank's private...

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