Perpetual announced today Matt Thompson is the new General Manager of Distribution for Perpetual Investments, effective 17 October.
Mr Thompson has held the role of Head of Wholesale Business in Perpetual Investments for the last three years and joined Perpetual in early 2012. His promotion follows the resignation of Dean Winterton, current GM, Distribution.
Perpetual CEO and Managing Director Geoff Lloyd said, “We thank Dean for his contribution over the past three years and wish him all the best in his new role.
“It’s always a good experience to announce the internal promotion of high quality leaders and I am pleased to be moving someone of Matt’s calibre into this important role.
“Under Matt’s leadership Perpetual’s standing with financial advisers – those working within large institutions as well as independent advisers – has strengthened significantly, with client advocacy at an historic high and at market leading levels.
“Over the past four years he has lead a program to increase the effectiveness of the wholesale team’s relationship with its strategic accounts, recognising the level of investment sophistication required to earn and retain business in today’s environment,” Mr Lloyd said.
Mr Thompson has more than 20 years’ wealth management experience across some of Australia’s largest investment management organisations. After joining Perpetual he lead the Strategic Accounts team for 18 months before being promoted to Head of Wholesale Business for Perpetual Investments.