Schroders Australia has announced the appointment of Simon Doyle as chief executive officer alongside his ongoing role of chief investment officer, a position he has held since February 2022.
In a statement on Monday, the firm said the move is part of its “future-focused evolution” as Mr Doyle succeeds Sam Hallinan who has led Schroders Australian since April 2021.
“Schroders recognises the critical importance and value of our investment proposition to clients and the need to tailor our capabilities to help solve their specific needs,” the asset manager explained.
Mr Doyle takes on the role after more than two decades with the firm, having joined the business in 2003.
During his tenure, Schroders recounted, Mr Doyle has developed and managed its fixed income, multi-asset, and private debt teams.
As such, he will continue in his investment role as CIO and work alongside investment leads including Martin Conlon and Andrew Fleming from Australian equities, Stuart Dear and Kellie Wood, who lead fixed income, and private debt under Nicole Kidd.
Commenting on the appointment, Chris Durack, head of Schroders Asia-Pacific, said: “Simon’s new dual CEO and CIO role reflects our ongoing commitment to helping solve for our clients by being an investment-first and insight-led business in Australia, and allows for further direct engagement on investment solutions with our clients, the needs of whom are becoming increasingly complex.”
“Simon is highly regarded internally both locally and globally across the Schroders business and is well-known within the market and amongst our clients,” Mr Durack added.
In addition, Schroders Australia announced the promotion of Sebastian Mullins to the role of head of multi-asset to succeed Mr Doyle, having served as deputy head of multi-asset since February 2022.
On Monday, the firm also said it expects to recruit additional talent to its multi-asset team.
Moreover, Mr Mullins will assume Mr Doyle’s portfolio manager responsibilities for the Schroder Real Return Fund, with the latter supporting Mr Mullins in the transition.
“These leadership changes signify our unwavering commitment to providing exceptional investment solutions tailored to our clients’ specific needs,” commented Peter Harrison, Schroders global CEO.
“Under Simon’s leadership, and with an investment-led approach supported by our locally-based investment teams, we are confident in our ability to continue delivering outstanding results for our clients,” he concluded.