UK Asset Manager CEO Departs

Robbie Lawther

21 August 2018

UK-based asset manager (JOHCM), subsidiary of Pendal Group, has confirmed that Ken Lambden, chief executive, will be leaving the company. Lambden will be on “gardening leave” during his six-month notice period.

With immediate effect, Emilio Gonzalez, Pendal Group CEO, will serve as acting JOHCM CEO until a replacement has been found for Lambden. Gonzalez will temporarily relocate to London from Sydney, it said in a statement.

A search for the permanent JOHCM CEO will begin shortly.

“We thank Ken for his hard work and commitment in leading the JOHCM business and wish him every success in his future endeavours,” said Gonzalez. “Importantly, there are no changes to JOHCM’s investment teams, investment autonomy or any other aspect of JOHCM’s successful investment-led model.”

J O Hambro Capital Management (JOHCM) is an active asset management company. It manages £30.8 billion of assets($39.2 billion), as at 30 June, across the UK, the US, European, Asian, Japanese, global/international, emerging markets equities and global income builder strategies.