Vanguard Investments names new MD
Vanguard Investments Australia has named John James as its new managing director.
James is an Australian who has worked at Vanguard's US headquarters since 2008, the company said.
A statement from Vanguard said James headed the distribution division for the firm's financial advice services group, and recently began developing a new global line of business focused on financial advisers and other intermediaries with a particular emphasis on exchange traded funds.
Jeremy Duffield has been acting as managing director since November last year. The group said Duffield would now resume his role as chairman of Vanguard Australia and managing director of Vanguard International Planning and Development.
James’ previous Australian financial services experience includes being general manager of corporate distribution with MLC, with responsibility for the wealth management arm of National Australia Bank’s business bank, as well as being a senior executive at Rothschild Australia Asset Management.
Before joining Vanguard in 2008 James spent four years as chief executive of the Port Adelaide Football Club.
James will relocate from Vanguard’s head office in Pennsylvania to Australia to take up the role.
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