Apostle appoints new global distribution lead
Apostle Funds Management has brought in former Martin Currie veteran, Kimon Kouryialas, to lead its global distribution strategy.
In the newly created role, Kouryialas will be responsible for supporting the delivery of Apostle’s three ethical solutions, Apostle’s Carbon Credit Fund, People and Planet Diversified Fund and Ethical Global Credit Fund, and other offerings from its partnerships with external managers.
Kouryialas makes the move from Martin Currie, where he spent more than a decade in distribution. He was most recently co-head of global distribution for almost four years, managing sales and client services activity across Australia, Asia and the Middle East.
During his 15-year tenure at the firm, he was instrumental in developing the growth of the business within Australia and in building its presence within the APAC region.
Prior to that, he was the managing director and head of distribution at Legg Mason for over two and a half years.
“We are thrilled to have Kimon on board to lead our global distribution strategy. Kimon has a valued reputation within the industry and a demonstrated track record of building successful fund management businesses over his 25-year career in finance,” said Karyn West, managing director, Apostle.
West added: “As we continue to expand our offering for institutional and wholesale investors throughout Asia and the Middle East, Kimon’s experience will play a key role in delivering our strategies to these regions.
“He understands the needs of investors, knows how to communicate effectively and is a problem solver – all qualities that make him an excellent fit to help lead our next phase of growth.”
As of 30 June 2023, Apostle manages more than $5.7 billion in assets under management.
Kouryialas noted the firm is well positioned to deliver high-quality strategies that meet the changing needs of investors, given the growing demand for ethical and impact strategies.
“Apostle’s offering is exceptional and differentiated for the Australian marketplace and I am excited by the potential to develop the business further,” he said.
“The business has partnered with exceptional global fund managers with bespoke offerings to find solutions across a range of asset classes for Australian investors while also having three unique strategies developed in-house to offer diversification for clients. I also look forward to helping build out Apostle’s internal capabilities as the business continues to develop.”
Kouryialas’ experience includes three and a half years as Citigroup’s head of sales in Australia and New Zealand, with responsibility for distribution in specialty channels including institutional, platform, consultants and corporate superannuation.
He also held roles at J.P. Morgan Asset Management, State Street Australia and Barclays Bank.
AUTHOR
Rhea Nath
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
