Perpetual managing director David Deverall has resigned, the company announced today.
Deverall would stay on until a new chief executive was appointed or until 31 March 2011, whichever occurred first, Perpetual said in a statement.
"The board understands David's decision and has accepted his resignation with regret and wishes him well," it said.
"We thank David for his contribution over the last seven years. Perpetual's standing in the financial services market remains strong."
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