Australian investment management firm Perpetual has appointed Rob Adams as its new managing director and CEO, replacing Geoff Lloyd who will step down in June 2018 after five years in the role.
Adams will assume the new responsibility on 24 September 2018. He most recently served as the head of pan-Asia and member of the global executive committee at Janus Henderson Group.
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He previously served as the CEO at Challenger Funds Management and First State Investments (UK). He also served as the deputy CEO at Challenger Wealth Management.
Perpetual chairman Tony D’Aloisio said: “Following a rigorous process, the board is delighted Rob will lead Perpetual. Rob brings to Perpetual’s people, clients, shareholders and stakeholders a track record of leading successful teams and diligently building and growing businesses organically and through acquisition.
“Throughout his career in asset management and financial services more broadly he has articulated and delivered on clear corporate growth strategies. This will suit our next stage of growth and development of our core offerings including our global initiatives.”
“Through his six years as CEO Geoff has led the company through transformational change, laid solid foundations for the future and consistently delivered for our people, our clients, and our shareholders,” D’Aloisio added.
