Perpetual Limited announced the promotion of Vince Pezzullo to Head of Equities within Perpetual Asset Management Australia. The announcement follows the resignation of current Head of Equities, Paul Skamvougeras, who has made the decision to step down from the role. Vince, who will commence in the role immediately, has over 26 years' experience and has been with Perpetual since 2007, including as Deputy Head of Equities since 2016.

He has a deep understanding of Perpetual's investment approach, process and philosophy and a proven ability to deliver strong performance through market cycles. Paul will continue to work with Vince and the team to support a smooth transition and is committed to ensuring Perpetual's continued success in delivering strong and consistent outcomes for clients.