Long-serving Perennial executive, Brian Thomas, is departing the company.
Thomas, who was general manager, Investment Services, had spent 13 years with the fund manager.
Money Management understands that Thomas’ role was made redundant.
Thomas joined Perennial in October 2006 and was credited with driving distribution, product development and investment communication strategy for the firm.
He was previously a Managing Director and Head of Distribution at Credit Suisse Asset Management and a Divisional Director at Macquarie Bank.