Equity Trustees head of equities Dr Paul Kasian will become acting head of asset management, supported by Hugh Hodges, Lance Pupelis, James Buckley and a team of equity analysts.
Managing director of Equity Trustees Robin Burns said while Mr Boubouras made a valuable contribution to the business since joining in 2013, Equity Trustees is now pursuing a different focus and approach.
“George joined Equity Trustees in order to help us further build and develop our asset management business, with a particular focus on attracting new mandates,” he said.
“However, the growth in other areas of the business over the same period has meant we have now decided to refocus on internally-sourced funds.”
Mr Burns said it became clear from discussions with Mr Boubouras that his experience, skills and ambitions “would not be fully utilised” under the new strategy.
He thanked Mr Boubouras for his contribution to the company and wished him the best for his future career.
“George has achieved the goals that were set when he joined us, and has strengthened the asset management team over the past 18 months,” said Mr Burns.
“He assisted with the creation of a number of processes to support the new prudential standards for the industry.”
