New role for David Kiddie at Perpetual Investments

Perpetual has announced the appointment of David Kiddie to the position of group executive, Perpetual Investments, effective February 2016. Kiddie will lead the Perpetual Investments business including the investment management, distribution, product and operations teams. He replaces Michael Gordon whose retirement was announced in August 2015.

For the new role, Kiddie will relocate from the UK where he has been the chief executive officer of BNP Paribas Investment Partners' institutional business since July 2014. For five years prior to BNP Paribas, he was chief investment officer of the multi-asset and investment specialist team at AMP Capital.

Commenting on the appointment, Perpetual CEO and managing director Geoff Lloyd said: "David is a first class global investment professional and I'm delighted to welcome him into our executive leadership team. He has the experience, credibility and leadership capability to ensure we maintain our strong growth in Perpetual Investments. He also brings extensive knowledge of the Australian market from his experiences here."