The group’s chief executive has announced that he will step down after 11 years in the role.
Emilio Gonzalez will leave Pendal Group, with Nicholas Good – current CEO of subsidiary J O Hambro Capital Management (JOHCM) operations in the US – taking on the role.
“The board sincerely thanks Emilio for his contribution, constancy, and commitment for over a decade and recognises his significant achievements, particularly the successful acquisition of JOHCM in 2011 that transformed the company into a global funds management business,” said chairman James Evans.
Mr Gonzalez has a six-month notice period and is “committed to ensuring a smooth transition”.
“It has been a privilege to lead the company and transform it from a domestic equity fund manager, with $41.9 billion under management, to a diversified global fund manager with $97.4 billion in FUM,” Mr Gonzalez said.
“I would like to thank all of my colleagues at Pendal Group who I have worked with over the years. It has been a team effort and I leave knowing the business is in a strong financial position and well placed for the future.”