Northern Trust has appointed Alvin Chia as head of digital assets innovation for the APAC region.
Based in Singapore, Chia will report to Justin Chapman, global head of digital assets and financial markets.
In the role, Chia will work with industry bodies, fintechs, regulators and government entities to provide APAC clients with the bank’s digital asset strategy and influence market change in the region.
Chia joins from Bain and Company, where he was most recently expert senior manager of innovation. Prior to this, he was vice president of innovation at DBS Bank for more than three years. He has also held several academic positions at the National University of Singapore.
Commenting on Chia’s appointment, Chapman says: “We continue to see the pace of innovation continuing across the funds administration and custody sector, with the APAC region experiencing a transformational period in light of new technologies. We are pleased to appoint Alvin to this new role, leveraging his deep skills in fintech to help us continue to drive change and support our clients’ requirements.”
Northern Trust’s digital assets and financial markets group was launched in June 2022, and combines the digital and traditional market functions of its asset servicing business.
