Asset management veteran Phil Wagstaff is joining the board of Perpetual as a non-executive director, effective from 1 November.
Perpetual is the parent company of investment boutiques JO Hambro and Regnan.
Wagstaff served as Jupiter's global head of distribution from 2019 to 2022, and stepped back from full time roles within the industry upon his departure.
JO Hambro CEO exits following leadership restructure by parent Perpetual
Prior to Jupiter he held several senior roles and board positions at Henderson, Henderson Investment Funds, Gartmore Japan and M&G.
Wagstaff will succeed Kathryn Matthews, who is set to retire from Perpetual after joining the board in December last year.
Tony D'Aloisio, chair of Perpetual, said: "We are delighted to welcome a director of Phil's stature to the Perpetual Group board. His extensive experience in the UK and global asset management industry will complement the board's current mix of experience and skills."
He said: "In particular, Phil's deep knowledge, experience and success in leading and overseeing global distribution teams and strategy will be invaluable to our group as we focus on driving our organic growth globally and deliver the benefits from our recent acquisitions in asset management."
