Perpetual appoints new GM

Perpetual Corporate Trust appointed a new general manager, managed funds services.

General manager, management services Vicki Riggio has been promoted to the role, taking on responsibility for custody, wholesale trustee and responsible entity services.

She will also oversee investment management for managed investment trusts and Perpetual's Singapore business.

Riggio replaces Andrew Cannane who departed in March for a new role with the newly-listed Evans Dixon.

"Vicki has more than two decades' experience in corporate trust and has demonstrated both skill and foresight in evolving the Management Services business over the past two years," Perpetual Corporate Trust group executive Chris Green said.

"We are delighted to make an internal appointment of Vicki's calibre. Her leadership and dedication to providing a first-class experience for our clients will continue to benefit our entire business."

Prior to leading the group's management services, Riggio served as head of wholesale trustee, responsible for the delivery of trustee services to a portfolio of more than $40 billion in funds.

In Perpetual's 1H18 results, Perpetual Corporate Trust delivered a profit before tax increase of 18% compared to the prior corresponding period.

Read more: Vicki RiggioAndrew CannaneChris GreenEvans Dixon
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