The Perpetual Limited Board has appointed Mr Geoff Lloyd as Chief Executive Officer and Managing Director, effective 06 February 2012.

Mr Lloyd has been Group Executive Private Wealth and Retail Distribution since joining Perpetual approximately 18 months ago. He is a highly experienced and respected financial services industry executive having served in senior leadership roles with BT and St George’s Wealth Management business as well as the Australian Securities and Investment Commission before joining Perpetual.

Mr Lloyd is ideally placed to step into the CEO and Managing Director role having been closely involved in Perpetual’s review of its overall business strategy, structure and cost base over the last twelve months.

This information has been prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426. It is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of the Fund or the return of an investor’s capital. An investment in the Fund is not a bank deposit, nor is it a liability of the Perpetual Group. It is subject to investment risk, including loss of some or all of an investor’s principal investment and lower than expected returns.