As part of its board renewal strategy and management transition, JCP Investment Partners has appointed Mark O’Brien as its new executive chairman, replacing interim chairman, Richard Balderstone, who will continue on as non-executive director.
O’Brien has been an institutional fund manager for 35 years, with previous roles as general manager, investments at NSW Treasury Corp and senior roles with SAS Trustee Corporation. He also spent 19 years at AMP Capital, traversing roles including chief investment officer and head of equities.
In his new role, O’Brien would perform a dual governance and management role, and would join non-executive directors Balderstone and Chris Condon, and executive directors, Michael Fitzsimmons, Steven Semczyszyn and Wesley Campbell.
Fitzsimmons would step down from his role as managing director on 30 September but remain on the board, and Paul Labland would retire from the board to take up a new role as chair of Funds SA.