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Andrew Formica

Janus Henderson CEO resigns

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Andrew Formica, the co-chief executive of global fund manager Janus Henderson, has resigned his position effective immediately.

In a statement on the ASX this morning, Janus Henderson announced that its global co-chief executive Andrew Formica had resigned, effective today.

Following Mr Formica's departure Dick Weil has been appointed as the sole chief executive of the global fund manager, which manages US$370 billion.

Mr Formica has been touted in recent weeks as a possible successor to AMP chief executive Craig Meller, who brought forward his resignation to 30 April following revelations at the royal commission.

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Mr Formica, an Australia, worked for Henderson Group when it was acquired by AMP and then later demerged in 2003.