Invesco Perpetual's chief executive Mark Armour has announced he is stepping down from the role, less than three years after taking up the position.
According to the Financial Times, Armour (pictured) will work as chairman of the firm's EMEA division until he retires fully at the end of 2016. Armour joined Invesco in 2002 as chief executive of Invesco Australia. He was then promoted to chief executive of Invesco Perpetual at the beginning of 2013. He will be replaced by Andrew Schlossberg, who is currently head of US retail distribution and global ETFs at the group. Invesco Perpetual has had a difficult time since the departure of star manager Neil Woodford in October 2013. At the time of the announcement, the share price of...
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