Northern Trust has announced the appointment of a new head of its Global Fund Services business in Asia. The APAC region is the fastest growing business area for the firm.

Caroline Higgins takes up the Hong Kong based role with immediate effect. Higgins joins Northern Trust from Brown Brothers Harriman (BBH), in Hong Kong where she was head of transfer agency for Asia.

With 25 years of experience in the fund servicing industry, Higgins also previously worked for State Street and The Royal Bank of Canada and has worked in Ireland, Australia and Hong Kong. 

The firm said that Higgins will focus on bringing Northern Trust’s range of fund servicing solutions to Asia-based investment manager clients, expanding its range of region specific products and capabilities.

She will also focus on bringing expertise and solutions to help Northern Trust’s existing clients distribute their products in Asia, and looking for local time zone support.