Perpetual's Deverall resigns



|
Perpetual chief executive David Deverall has resigned.
The company announced Deverall's resignation to the Australian Securities Exchange (ASX) today, saying he would remain until a replacement was found or until 31 March next year, whichever occurred first.
Deverall described his resignation as a personal decision made after seven years with the company.
Recommended for you
A former Sydney investment manager has pleaded guilty to two counts of insider trading regarding a potential takeover of Platinum Asset Management, having acquired $2.6 million of Platinum shares.
As the firm enters a new growth phase, Orbis Investments managing director Jason Ciccolallo has said it is looking to strengthen relationships with retail advisers to align with the firm’s institutional reputation.
The former director of United Global Capital has received a decision from the Administrative Review Tribunal regarding an appeal of his 10-year ban from providing financial services.
AMP-owned North has announced a senior manager appointment as the platform explores growth opportunities in its addressable adviser market.