JO Hambro Capital Management (JOHCM) has appointed Ken Lambden as its new group CEO, replacing Gavin Rochussen who is taking up a new role in the firm's Australian parent BT Investment Management (BTIM).
Lambden will initially report to Rochussen, and later directly to BTIM group CEO Emilio Gonzalez.
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He formerly served as the CIO at Baring Asset Management, which he left in May as the company announced a merger plan.
Prior to that, was the global head of equities at Schroders for 10 years.
“I am excited by the opportunity to lead such a highly respected active asset manager and look forward to working with the JOHCM investment teams and wider staff to continue the record of excellent investment performance,” Lambden stated.
Rochussen will join BTIM in the newly-created role of group executive international. He will be based in JOHCM's London headquarters, and will continue to report to BTIM group CEO Emilio Gonzalez.
"This move enables me to focus my attention on expanding the JOHCM business in the US and Asia. In Ken we have found an excellent candidate to maintain the smooth running of our existing business," Rochussen said.
The two will assume their new roles on 3 October 2016, and will serve as members of BTIM's group global executive committee.
