Perpetual has appointed David Lane, the chief executive of CBA's accounting dealer group Count Financial, as a group executive at Perpetual Investments.
Mr Lane, who will make the move to Perpetual on 10 April, has been the chief executive of Count Financial since 2011.
Before his time at Count Financial Mr Lane was the general manager of strategic development in the wealth management division of CBA.
He has also held positions with alternative asset managers as well as Goldman Sachs and JPMorgan Chase.
Perpetual chief executive Geoff Lloyd pointed to Mr Lane's "impressive depth and breadth of leadership experience across asset management, investment banking and all aspects of wealth management".
"He has a proven history of articulating clear business strategy and motivating people to deliver great client and business outcomes. His client-first approach will resonate within our business, and he is well placed to continue to drive Perpetual Investments forward," Mr Lloyd said.
Read more:
Henderson reports £4.6bn in retail outflows
Bidding war for Hunter Hall escalates
Super must be 'demystified' for Millennials
Wilson Asset Management Active (WAM Active) has scrutinised investment firm Keybridge Capital’s conduct and corporate governance, as the t...
Roy Morgan figures have placed the proportion of the workforce that was unemployed in May at 14.8 per cent (2.09 million Australians), doubl...
Magellan Financial Group has rolled out its new active ETF after recording $288 million in net outflows in May, as institutional investors e...
Subscribe to our newsletter
Get notifications in real-time for staying up to date with content that matters to you.
