Perpetual's David Kiddie steps down as Group Executive

Perpetual Limited (Perpetual) has announced that David Kiddie will step down from his role as group executive, Perpetual Investments.

Kiddie joined the firm in February, 2016 and departs due to personal reasons and is set to return back to the UK.

Prior to joining Perpetual, Kiddie was the chief executive officer of BNP Paribas Investment Partners' institutional business from July 2014, and previous to that was chief investment officer of the multi-asset and investment specialist team at AMP Capital.

Commenting on Kiddie's departure, Perpetual CEO and managing director, Geoff Lloyd said: "We wish David well as he leaves the industry and returns to the UK. I thank him for his contribution over the past six months."

Kiddie will remain in his role throughout his notice period.