Philip Bullock to depart Perpetual board

Perpetual Ltd has announced the departure of independent board director Philip Bullock, effective 17 October 2019.

Bullock, who was appointed to the board in June 2010, has served the maximum term of nine years.

He has been a member of Perpetual's audit, risk and compliance committee, and people and remuneration committee and has brought "extensive experience of technology, client relationships, marketing and talent development to the board," Perpetual said.

Also departing the board is Sylvia Falzon.

In acknowledging both departing directors, the Perpetual board expressed its "sincere thanks to both Mr Bullock and Ms Falzon not only for their years of dedicated service and valuable contribution to Perpetual, but also for their passion and commitment to Perpetual's business and its people."

Joining the board, effective 11 September 2019, is Greg Cooper.