MLC appoints Jonathan Armitage as CIO
Jonathan Armitage has moved into the role of chief investment officer of MLC Investment Management following the departure of Nicky Richards in August last year.
Armitage had been acting CIO for the past five months and MLC executive general manager of asset management Garry Mulcahy said he "was the clear leading candidate" from the group's external search process.
As CIO, Armitage assumes overall responsibility for the investment outcomes of the MLC Investment Management team.
Before his appointment, he had been MLC's head of equities, leading the team responsible for restructuring the business' Australian and internal share strategies.
"We look forward to the continued evolution of MLC's in-house investment capabilities under his stewardship," Mulcahy said.
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.