Aberdeen Standard Investments (ASI) has promoted its Australian Equities deputy head to lead the team.
Michelle Lopez is taking over from her predecessor Robert Penaloza, who has been appointed head of the company’s Thailand arm.
Aberdeen Standard Investments Australia managing director Brett Jollie said Ms Lopez’s promotion was a reflection of her leadership capabilities and investment experience, having worked for more than 15 years in the ASI Australian equities team.
“Michelle has played a pivotal role in managing and driving the success of the team and is a natural and well-respected successor,” Mr Jollie said.
“She will report directly to Flavia Cheong, head of Asia Pacific equities. There will be no change to the quality-focused investment process or the current team structure under Michelle’s leadership.”
Ms Lopez joined ASI as an investment analyst from Willis Towers Watson in 2004. She was promoted to investment manager and then investment director before being appointed deputy head of Australian equities.
Ms Lopez added: “I am excited about what this fantastic team of professionals can achieve and how we can continue to build on the tremendous work to date, finding compelling investment ideas and opportunities with a long-term and active strategy.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].