Perpetual names next board chair

Perpetual names next board chair

Financial services organisation Perpetual has announced former ASIC chairman Tony D’Aloisio will take over as the company’s new chair.

Mr D’Aloisio will replace outgoing chair Peter Scott, who joined the board in 2005 before taking on the role of chair five years later in 2010.

"It has been my great privilege to be chairman of Perpetual, an outstanding Australian company with strong values reflecting its deep fiduciary heritage,” said Mr Scott.

Mr Scott said Mr D’Aloisio would be “an ideal fit” for the company and would bring a wealth of relevant experience to the position.

“I am confident Tony will be a real asset for Perpetual, with his extensive experience in financial services and having been a CEO of a listed company,” he said.

“The company and its shareholders and clients will benefit from his leadership and experience across investment markets, regulatory affairs and technology, which make him an ideal fit for Perpetual.”

Commenting on his new role, Mr D’Aloisio said he looked forward to working with the board and management team, and acknowledged Mr Scott’s contribution to the business as chair.

“Peter Scott has done an outstanding job and I am eagerly anticipating our time together as I transition to be chairman of Perpetual next year,” he said.

Mr D’Aloisio will commence in the role following Mr Scott’s retirement on 31 May 2017.

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Perpetual names next board chair
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