In her new role effective 1 December 2017, subject to regulatory approval, Ong will be responsible for leading Northern Trust’s asset servicing business activities and driving the growth of key business lines including asset management and capital markets across the South East Asia region.

Most recently, Ong was chief administrative officer for Northern Trust in Asia-Pacific (APAC) and head of product management, where she was responsible for regional business and product strategy and facilitating regional growth opportunities. In her new role, Ong will continue to report to William Mak, head of APAC, Northern Trust.

“We are delighted to appoint Yen Leng to drive the momentum of Northern Trust’s business and client footprints in Singapore and South East Asia,” said Mak. “As part of our APAC leadership and Singapore management teams, Yen Leng has been instrumental in growing our client base in the region. Her valuable experience in product strategy will ensure our APAC clients benefit from our asset servicing solutions designed to help them navigate challenges and increasing complexity in the market.”

Ong joined Northern Trust in 2009 as a senior product manager and assumed the expanded role of chief administrative officer in 2016.

Northern Trust has a network of 11 offices across the Asia-Pacific region. It services 35 percent of the top 20 asset owners across the region and since 2011 has seen assets under custody in the region grow by more than 80 percent. Earlier this year, Northern Trust announced the establishment of its branch office in South Korea, further underscoring its commitment to growing across the region.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2017, Northern Trust had assets under custody of US$7.4 trillion, and assets under management of US$1.03 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.