Green departs Perpetual amid restructure
Perpetual Investments managing director Rodney Green has stepped down amid a major restructure of Perpetual Trustees
Green is leaving the group to pursue interests outside of funds management and will be replaced by head of retail, Gerard Doherty, when he finishes up with Perpetual next month.
"I have very much enjoyed my time at Perpetual, but during the review and its logical conclusion, [I] came to realise that my own aspirations would be satisfied best with a different challenge in financial services," Green says.
Green's departure comes as Perpetual finishes reviewing its wealth management operations. Green, who played a key role in conducting the review, and implementing the investment focus, says that during the review he realised that it was time to move on from Perpetual.
Green took over as head of the funds management group after Michael Migro left the group to join Westpac Financial Services about four years ago. During his time at the helm, funds under management grew from $3 billion to $14 billion.
Emilio Gonzalez will move into the chief investment officer role, from his previous role as head of research for Perpetual Investments. Gonzalez will join the executive committee with group executive status together with Doherty as group executive of Perpetual Investments.
David Bryant, head of operations for superannuation, will become general manager operations while national marketing manager Michael Young will become head of marketing for the Perpetual group. Rohan Mead, group manager of business investment and marketing, will become group executive, strategy and development.
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