Stockbroking and financial firm Lonsec has made a number of changes to its research team.
Paul Pavlidis has been promoted to the position of head of ratings for the Equity Managed Funds division.
He was previously senior investment analyst for the Property and Infrastructure Funds division.
Leading a team of seven analysts who look after all the global and Australian equity research, Pavlidis will be responsible for leadership and client liaison. He will also be responsible for budgets and business planning.
"I am really pleased that we have been able to fill the position internally. We did a pretty exhaustive external search but were happy that an internal candidate has come through for the role," Lonsec general manager research Grant Kennaway said.
Pavlidis replaces Richard Everingham who has moved to Mercer.
As part of a reorganisation of the research division, three analysts who previously reported to Everingham will now report to the head of ratings for the Income and Alternative Products division Michael Elsworth.
Pavlidis will take up his new position in January 2009, until then he will slowly transition over the next few months, according to Kennaway.
During this time, he will be handing over his fund research responsibilities within the Lonsec Property and Infrastructure research team.
