Perpetual appoints GM research and operations
Perpetual has announced the appointment of Kyle Lidbury as general manager research and operations for its newly-structured retail distribution function.
The new structure includes a strategic account division to service the head offices of the largest distributors, a separate financial adviser distribution team, and a research and operations team, which will led by Lidbury.
Lidbury has 15 years experience in financial services, including a number of senior roles at Lend Lease, MLC and nabInvest. Most recently, he was NAB Wealth manager research relationships.
Perpetual group executive private wealth and head of retail distribution Geoff Lloyd said that Lidbury's team would play an important role in improving Perpetual's ability to service target segments and create deeper client relationships.
The creation of the new retail distribution function reflects Perpetual's desire for business growth in a challenging fund flow environment. It follows the appointment of Anthony Aboud as an analyst for the Perpetual Share Plus Long Short Fund, the company stated.
Perpetual also stated that a general manager strategic accounts is expected to be announced before the end of February, completing the implementation of the new structure.
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