With an extensive career in asset management, wealth management and investment banking, Mr Lane has a deep understanding of the local and global financial services landscape. Mr Lane will join Perpetual from Count Financial, which he joined as CEO in 2011. Count is Australia’s largest network of accountant-based financial advisers, with 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.

Commenting on this appointment, Perpetual CEO and Managing Director Geoff Lloyd said, “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.

“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,” Mr Lloyd said.

Perpetual Investments covers investment management, distribution, product manufacturing and operations. Perpetual Investments has $31.9 billion funds under management as at 31 December 2016.

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