Aberdeen names new head of Australian equities
Aberdeen Standard Investments (ASI) has announced the promotion of Michelle Lopez, an investment professional, to lead its Australian Equities team.
She would replace Robert Penaloza who had been appointed to head of Thailand for ASI.
Lopez, who had more than more than 15 years of investment experience, joined the company as an investment analyst from Willis Towers Watson in 2004 and was promoted to the positions of investment manager and then investment director before being appointed deputy head of Australian Equities.
ASI’s Australia managing director, Brett Jollie, said she would report in her new role to Flavia Cheong, head of Asia pacific Equities, and there would be no change to the quality of the firm’s investment process nor the current team structure under her leadership.
“Michelle Lopez’s promotion from deputy head to head of Australian equities is an endorsement of her strong leadership capabilities and investment experience, which has included more than 15 years in the ASI Australian equities team,” he said.
“Michelle has played a pivotal role in managing and driving the success of the team and is a natural and well-respected successor. The promotion is reflective of her commitment, knowledge and proven ability.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.