They are two of three brand new positions resulting from a review of the structure under retail sales director Russell Lancaster.
Pellerito left Fidelity for the first time in mid-2007 as senior sales support after two and a half years with the firm and rejoins as a strategic account manager for London and the Southeast.
In between times, he spent five years with Neptune, leaving as UK manager (strategic partners), before moving on to spend less than a year at as head of UK sales at Argonaut.
His departure from Argonaut comes swiftly on the heels of Keith Rumbelow joining from Swiss & Global Asset Management in mid-September as head of sales.
Another returning to the Fidelity fold is David Wakefield who rejoins as a key account manager for the north of England, Scotland and Northern Ireland. He joins from Jupiter where he spent the past three years as a senior broker sales consultant. Wakefield initially left Fidelity in June 2010 from a position as a FundsNetwork sales associate.
The third new sales hire is Ray Paulding as key account manager in the Southwest and Midlands having had a similar role at Premier Asset Management since 2004.
