Mr O’Dea will be responsible for leading the team’s wholesale balanced, diversified and conservative growth strategies, with a focus on delivering client centric products and capabilities and FUM growth.
He will join Perpetual Investments in late May from his current role at JANA as head of investment, implemented consulting.
Mr O’Dea has worked at JANA for 13 years across a number of roles, including principal of alternative investment solutions and consultant and head of the absolute return research team.
He has experience in investment and implemented consulting, multi-manager search and selection and strategic and dynamic asset allocation.
Perpetual Investments group executive Michael Gordon said Mr O’Dea’s client focus and proven investment abilities make him the right choice for the role.
“With his broad range of skills and expertise, Michael is well placed to lead the team, meet client objectives and achieve further growth for Perpetual,” said Mr Gordon.