Jupiter Fund Management has recruited former Janus Henderson Investors CEO Andrew Formica as chief executive, having revealed Maarten Slendebroek is to step down as CEO and director of the company from 1 March 2019.
In a stock exchange announcement revealing the succession plans, the group said Slendebroek had agreed to remain in the business until 1 May 2019 to ensure a smooth leadership transition and handover. He joined Jupiter in 2012 as head of distribution and strategy before becoming CEO in 2014. Slendebroek commented: "It has been a privilege to lead Jupiter over the last five years and the company has gone from strength to strength as we have delivered against our strategic ambitions. I am particularly pleased that we continued to deliver for our clients, even in more recent times of market...
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