Q&A with Perennial's departing CEO
After nearly 11 years at Perennial Investment Partners, the last two as chief executive officer, Lewis Bearman is ready for something new. He reflects on his greatest career achievement to date, what he'll most miss about the role, and why the time is right for a change.
After nearly 11 years at Perennial Investment Partners, the last two as chief executive officer, Lewis Bearman is ready for something new. He reflects on his greatest career achievement to date, what he'll most miss about the role, and why the time is right for a change.
Why are you departing your role?
In essence after 11 years I decided the time was now right for me to seek a fresh challenge. Perennial has grown significantly in size during the period that I have been there and is now a major player in the domestic funds management landscape. I am very proud of the role I have played in my time as both CEO and COO of the business in achieving those successes. I determined that now was the right time to apply my skills and experience in exploring new opportunities within the financial services industry.
What will you miss about the role?
I think the thing I will miss most about my role and the time I have spent at Perennial is the people. To work with a diverse group of highly motivated and skilled people within a multi-boutique funds management environment has proved very rewarding.
What do you regard as your greatest career achievement?
To have had the opportunity to be CEO of one of Australia's leading Boutique investment managers is something I am extremely proud of. The funds management business is all about people and I am very proud to see that people whom I have worked alongside become success stories in their own right. I would like to think that I have been able to play some part in assisting them achieve their potential.
What skill do you think is paramount in working in the financial services industry?
I think the key skill would be an ability to react quickly to challenges and at the same time remain calm and objective, no matter the size or gravity of the hurdle. I also believe that the ability to work effectively with people and build teams is essential. Never forget it is the people that make this industry.
If you could give advice to someone starting out in the industry what would it be?
Listen to those around you, ask questions of your peers and senior management, embrace change, be prepared to work hard and always respect your peers.
Would you consider yourself an introvert or an extrovert? And why?
I consider myself an extrovert. I have always been prepared to be the one who expresses opinions, encourages others and I have always enjoyed the company of the people I work alongside.
What was your very first job?
My very first job was as a bonds and stock clerk at the Reserve Bank of Australia in Melbourne. I started work there in February 1983, straight out of school.
Do you have a secret skill/hidden talent?
I have always been passionate about junior sport and am proud to be a back to back premiership coach at the East Malvern Knights Australian Rules Football club for a fantastic group of under 13 and 14 boys.
