Perpetual Limited announced the establishment of a global asset management leadership team which has led to changes to the Perpetual Group
Executive Committee. These changes follow a seven month period of integration and the delivery of a refreshed Group strategy which focuses on simplification across all businesses, while unlocking the benefits of a global multi-boutique model and a global distribution team in Asset Management. The current regional asset management businesses have come together to form one global division led by a newly created role of Chief Executive, Asset Management. Rob Adams has assumed the dual role of Perpetual Group CEO and Chief Executive, Asset Management. A Global Head of Investment Strategy will have oversight of global investment capabilities ensuring they continue to meet client requirements and that investment autonomy of each of boutiques is preserved. Graham Kitchen, currently Chairman of Trillium and Perpetual corporate entities in the UK has temporarily assumed the role responsibilities, based in London, while a search commences for a permanent candidate. Amanda Gillespie will continue to lead asset management in Australia and Adam Quaife will continue to lead global distribution. They will both move from the Group Executive Committee to become members of the global asset management leadership team. These changes have meant that the regional chief executive roles for Europe and UK
(EUKA), and the Americas have been impacted. The organization changes will be effective August 24, 2023.