ASX-listed boutique manager selects outgoing chair replacement

The Chair of boutique asset management firm Pacific Current Group, Tony Robinson, has announced he will be stepping down from the role at the end of financial year, with veteran executive Justin Arter to succeed him.
In a statement made to the Australian Securities Exchange (ASX) on Tuesday, the listed firm and frequent GQG Partners-collaborator said Robinson has also retired from the board and that Arter had been immediately appointed a Non-Executive Director before he steps in as Chair from 1 July.
Robinson had served on the Pacific Current board for almost 10 years and as Chair for seven, with his appointment following the merger between Treasury Group Limited and Northern Lights Capital Group.
The statement said Robinson had spearheaded a transformative period at the firm, including “a number of value-enhancing acquisitions and divestments, the simplification of the company’s capital structure, enhanced clarity in financial reporting to investors, the realisation of the company’s investment in GQG and the outsourcing of the company’s investment management function”.
“Having been a member of the Board for nearly 10 years, I am proud of PAC’s many achievements,” Robinson said.
“I leave confident in the strength and direction of the company. I congratulate Justin on his appointment and look forward to seeing PAC continue to thrive under his leadership.
“It has been a privilege to work with the experienced PAC team and I wish them every success for the future.”
Arter’s executive track record for over 35 years spans across the funds management, superannuation and investment banking industries includes CEO of Cbus, Country Head of Australia and Head of the Institutional Client Business in the UK, Middle East and Africa for BlackRock, and CEO of the Victorian Funds Management Corporation.
“I am honoured to be appointed Chair of PAC,” Arter said.
“On behalf of the Board, I thank Tony Robinson for his exemplary leadership and enduring contribution to the company. I look forward to working closely with the Board and executive team to continue building long-term value for our shareholders.”









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