Perpetual's new line-up

The asset manager has named the members of its executive committee following the completion of its proposed purchase of Pendal Group effective January, subject to deal conditions.

Perpetual chief executive Rob Adams, who will lead the combined group, said that since the acquisition announcement, the fund has identified the best structure and leadership team to take the company forward and deliver on global growth ambitions.

"These appointments will reflect the expansion of our asset management business across key regions globally, supported by a dedicated global head of distribution, the continued importance of Perpetual Private and Perpetual Corporate Trust, and the central functions that are critical to a successful global business," Adams said.

Amanda Gillespie will continue to lead Perpetual's asset management in Australia, David Lane will run its asset management business for the Americas, and London-based Alexandra Altinger will oversee the UK, European and Asian arms.

Adam Quaife will continue to run distribution, Paul Chasemore will be chief people officer, and Sam Mosse's role as head of risk will expand to include sustainability.

Mark Smith will continue to lead Perpetual Private and Richard McCarthy will remain as Perpetual's Corporate Trust.

Finally, the executive committee is rounded out with the current chief financial officer Chris Green and chief integration officer Amanda Gazal.

"This highly experienced and committed team will be in place from day one following completion, and with a strong focus on successful integration, will commence planning and finalising an optimal operating model that will drive delivery of the positive outcomes of bringing the two business together," Adams said.

Importantly, he said, several senior Pendal executives will also remain in an advisory capacity for varying periods of time.

"The combined group will be better positioned to drive and invest in future growth through the expansion of investment capabilities, while benefiting from the scale associated with a significantly enhanced global operating model, creating value for both Perpetual and Pendal shareholders," Adams said.