J O Hambro Capital Management is searching for a new chief executive following the sudden exit of Ken Lambden, who had been in the role less than two years.
Emilio Gonzalez, chief executive of Australian parent company Pendal Group, will become acting JOHCM CEO until the business finds a replacement for Lambden, who will be on gardening leave during his six-month notice period.
Gonzalez will temporarily relocate from Sydney to London. He said there are no changes to JOHCM’s investment teams or investment autonomy.
Pendal Group used to be BT Investment Management (BTIM) before its rebrand, announced in March this year. Lambden became chief executive of JOHCM in September 2016 to replace Gavin Rochussen, who became group executive of international business at what was then BTIM.
Rochussen exited to become CEO at Polar Capital less than a year later, taking over from Tim Woolley in July 2017.
JOHCM manages £30.8bn, almost half of which is in global strategies.
