As a trained metallurgist, with more than 10 years spent working in the zinc industry, Mangano has held financial roles with Citigroup, Salomon Smith Barney and HSBC.
His most recent role was as deputy director of US equity research & director global research operations with Citigroup, based in New York.
Joanne Warner, First State’s head of global resources, said the senior appointment was a valuable addition to the team: "Peter has more than 25 years of experience in financial services and the mining industry.
His technical skill set and metallurgical training will complement the existing expertise in our team, which includes mining and petroleum engineering, as well as physics and chemistry."