Bob Yerbury is to cede his position as chief executive officer of Invesco Perpetual with James Robertson taking over the mantle.
Currently senior managing director at Invesco, Robertson will assume Yerbury's responsibilities from September. Invesco asserted that this move forms part of a long-term strategy anticipating Yerbury's eventual retirement over the next few years. Whilst Yerbury will desist from his duties as chief executive officer, he will continue in his role as chief investment officer and with his fund management responsibilities. Invesco maintained that the investment management structure of the firm will remain unchanged. To comment, contact Beth Brearley on 0207 034 2721 or email beth.brearl...
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