Perpetual has announced who will take over as head of equities following the up-coming retirement of Matt Williams, with the promotion of Deputy Head of Equities and Portfolio Manager, Paul Skamvougeras, to Head of Equities.

Current Head of Equities Matt Williams will transition responsibilities to Mr Skamvougeras in a phased approach by 30 September when he will retire from Perpetual after 22 years.

Nathan Parkin is being promoted to Deputy Head of Equities.

Mr Skamvougeras first joined Perpetual in 1994 in an operations role, moving into the dealing team and working his way to Head Dealer. He moved to CPH/Ellerston Capital for seven years where he was responsible for Australian and global long-short strategies, and then rejoined Perpetual as Portfolio Manager.

New Deputy Head of Equities Nathan Parkin has 20 years’ investment experience including seven at Perpetual. Mr Parkin has most recently held joint responsibility for the Industrial Share strategy while overseeing the Ethical SRI strategy and Sustainable Share strategy.

Source: Perpetual Media Release.