Northern Trust (Nasdaq: NTRS) has hired Alvin Chia as Chief Digital Asset Innovation Officer for Asia Pacific.
Based in Singapore, Chia is responsible for delivering cutting-edge innovations aligned with Northern Trust’s digital asset strategy to clients in the Asia-Pacific region. It works closely with industry bodies, fintechs, regulators and government entities to positively influence market developments. Chia reports to Justin Chapman, Global Head of Digital Assets and Financial Markets.
Chia was most recently the senior expert manager of Innovation at Bain and Company. Prior to that, he was Vice President of Innovation at DBS Bank. Chia holds a Bachelor of Arts in History from the National University of Singapore, where he is currently completing a PhD in Digital Innovation.
“We continue to see the pace of innovation continue in the fund administration and custody industry, as the APAC region experiences a period of transformational change in light of new technologies,” Chapman said. “We are delighted to appoint Alvin to this new role, leveraging his deep fintech skills to help us continue to drive change and meet the demands of our customers. »
Northern Trust announced the creation of its Digital Assets and Financial Markets group in June 2022, unifying its digital and traditional market functions into its Asset Servicing business, which provides Whole Office™ solutions to institutional asset managers and asset owners. active all over the world.