Northern Trust, an internationally recognized financial institution, has been appointed by the Fiji National Provident Fund (FNPF) to deliver custody services. This partnership is poised to enhance the service experience for FNPF’s members, as noted by Naibuka Saune, the chief investment officer of FNPF. He emphasized that selecting Northern Trust, with its comprehensive custodial services, allows FNPF to redirect its focus towards core investment activities.
Northern Trust boasts a robust network across the Asia Pacific region, with offices located in key cities such as Beijing, Hong Kong, and Sydney. Angelo Calvitto, head of Asia Pacific for Northern Trust, expressed that this collaboration signifies a significant step in their commitment to the region. He highlighted that Northern Trust’s ability to customize their array of services to meet FNPF’s specific needs has been crucial in building trust and confidence.
Looking ahead, Northern Trust is dedicated to delivering more integrated solutions to support FNPF’s growth, reinforcing their role as a dependable partner in future endeavors.
This partnership not only marks a strategic alliance but also highlights the importance of international collaboration in enhancing local financial services, ultimately benefiting the members of the FNPF.
In summary, the collaboration between Northern Trust and FNPF is a promising development that indicates positive growth prospects for both organizations, ensuring enhanced services for the members of the provident fund.
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