Kiddie to lead Perpetual Investments
BNP Paribas Investment Partners' institutional business chief executive, David Kiddie, will return to Australia in 2016 to lead Perpetual Investments.
Perpetual chief executive, Geoff Lloyd, announced the appointment of David Kiddie to the position of Group Executive, Perpetual Investments, effective February 2016, this morning.
Kiddie, who is currently based in the UK, will replace Michael Gordon whose retirement was announced in August 2015.
"David is a first class global investment professional and I'm delighted to welcome him into our executive leadership team," Lloyd said.
"He has the experience, credibility and leadership capability to ensure we maintain our strong growth in Perpetual Investments. He also brings extensive knowledge of the Australian market from his experiences here.
"David has a clear agenda to grow our global equity, multi asset and credit businesses which have leading capability and consistent, strong performance, while maintaining Perpetual Investments' leadership in Australian equities, where we have consistently delivered strong performance to clients for nearly 50 years and our team is as strong as it has ever been.
"As we embark on our Lead & Grow strategy, we are all aware of the sizeable opportunity ahead of us. We have a track record for setting a very clear agenda and diligently delivering on our strategy and David will now be a key part of that."
AUTHOR
Nicholas O'Donoghue
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