Invesco Perpetual has announced Mark Armour will take over as CEO at the end of this year, following the retirement of James Robertson.
Robertson has been in poor health and has made the decision to retire at the end of 2013.
Armour, who has lead the group's global institutional business since 2007, will take over as head of EMEA region, including the UK, continental Europe and the Middle East.
He will work with Robertson for the remainder of the year to ensure a smooth transition.
Armour joined Invesco in 2002, when he was appointed as CEO of Invesco Australia.
In September 2006, he became head of global sales and service for Invesco's institutional business, and in January 2007 became head of Invesco Institutional.
Prior to joining Invesco, he worked for ANZ Bank and also held senior leadership roles in the fund management business in Australia and Hong Kong.
Robertson has worked for Invesco since 1993 when he joined as director for finance and corporate development for the global division.
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