Perpetual announced the appointment of David Lane to the position of group executive, Perpetual Investments, effective 10 April.
Mr Lane will join Perpetual from Count Financial, where he began working as CEO in 2011.
Count is one of Australia’s largest network of accountant-based financial advisers and has more than 300 member firms nationwide.
Prior to joining Count, Mr Lane was CBA’s general manager of strategic development in the wealth management division which included CBA’s asset management, platform, advice and insurance businesses. He was a member of CBA’s wealth management leadership team.
Previously, he was chief operating officer of Neuberger Berman’s hedge fund business. His asset management and investment banking experience extends to Aetos Capital, a New York-based alternative asset manager, as well as positions in New York, London and Sydney with Goldman Sachs and JP Morgan Chase.
“David has an impressive depth and breadth of leadership experience across asset management, investment banking and all aspects of wealth management on a global and local level,” Perpetual chief executive and managing director Geoff Lloyd said.
“He has a proven history of articulating clear business strategy and motivating people to deliver great client and business outcomes. His client-first approach will resonate within our business and he is well-placed to continue to drive Perpetual Investments forward.”