T. Rowe Price has announced the appointment of an industry veteran with 20 years’ investment experience as its new head of distribution for Australia and New Zealand.
Darren Hall will take the position of head of distribution, effective 28 August 2020. Mr Hall is currently head of intermediary for Australia and will succeed Murray Brewer, who will retire at the end of 2020 after 14 years of service with the firm.
He will report to Nick Trueman, Singapore-based head of distribution for the Asia Pacific.
“We are pleased to have Darren, a longstanding contributor to T. Rowe Price’s ANZ business, take over the reins,” Mr Trueman said. “His extensive experience and expertise in relationship management, understanding of the local market and demonstrated investment knowledge make him the ideal leader for our ANZ operations. We are well placed to continue our success under Darren’s leadership.”
Mr Hall will be responsible for institutional and financial intermediary businesses in Australia and New Zealand. He has more than 20 years of investment experience, 13 of which have been with T. Rowe Price. Prior to joining T. Rowe Price in 2007, he held business development and national account positions with Schroder Investments Australia and Credit Suisse Asset Management.
“Over the years, we have put in place a strategy to diversify our business by covering more segments and clients and providing a broader range of investment strategies to clients in Australia,” Mr Hall said. “We will continue to build on the robust and diversified business Murray has led, with a focus on delivering world-class service and relevant investment solutions to our clients.”