Dr Kasian has been acting head of asset management sinces the departure of chief investment officer George Boubouras in August 2014.
He will report to Equity Trustees managing director Robin Burns.
Dr Kasian has 25 years of financial services experience, having held positions at HSBC Global Asset Management, First Samuel and Accordius. Mr Burns said Dr Kasian's appointment has “significantly enhanced the depth and expertise” of Equity Trustees' funds management capabilities
“Having someone of Paul’s calibre leading our asset management business has been very beneficial for both Equity Trustees and our clients,” he said.
“He has an extremely strong track record of successful Australian equities management, delivering strong investment performance for investors through different market cycles, and also has significant experience in team management and leadership,” Mr Burns said.
“We will continue to develop our asset management activities over the next 12 months, ensuring we not only retain the focus on our traditional trustee responsibilities but also allowing us to take advantage of the increasing demand we are seeing for not-for-profit mandates,” he added.