The UK-based equity investment house has made some changes to its senior management team.

JO Hambro Capital Management has appointed Ken Lambden, previously chief investment officer at Barings, to replace Gavin Rochussen as group chief executive.

Rochussen, who has been at the helm since late 2008, has been appointed group executive, international at JOHCM’s parent firm, BT Investment Management, the Australia-listed fund management group. In the newly-created role, Rochussen will be responsible for implementing BTIM's growth strategy outside Australia, with a focus on growing the JOHCM business in the US and Asia, in particular identifying new investment teams. He will continue to report to BTIM’s group CEO, Emilio Gonzalez, and will remain based in London.

During his tenure as group CEO, Rochussen oversaw growth in JOHCM’s assets under management from £2.5 billion ($3.3 billion) to £21.7 billion as at 30 June 2016, as well as the opening of offices in Singapore and the US.

Lambden served as global head of equities at Schroders for 10 years before joining Barings as CIO in 2014. At Schroders, he led equity teams in UK, European, North and South American and Asian offices. His appointment is subject to regulatory approval.

He will initially report to Rochussen and will then report directly to Gonzalez. Rochussen and Lambden will both sit on the BTIM group global executive committee.