Jupiter has turned to Schroders’ global head of finance Wayne Mepham to become the firm’s new chief financial officer.
Mepham, who has been at Schroders for the past nine years after stints at consultant PwC, will join Jupiter in September, and will take up executive responsibility and sit on the asset manager’s board.
Mepham will take on the role left vacant by previous CFO Charlotte Jones, who announced she would be departing in February to join RSA Insurance Group.
Jupiter says in its announcement this morning that Jones is due to start that role in July and has been “helping plan for a smooth transition to her successor”.
Mepham’s appointment remains subject to regulatory approvals.
Jupiter chief executive Andrew Formica says: “I am very pleased that Wayne is joining us. He has a long and successful track record in financial services and in particular, has deep experience of the asset management industry from both a domestic and global perspective. He is a strong leader with a wide range of relevant expertise including technical accounting, regulation and commercial development and I have no doubt that he will be an excellent addition to our team.”
Mepham says: “Jupiter has a great team, clear strategic direction and an incredibly strong brand, but with significant potential to grow its franchise further, and I very much look forward to getting started.”