Jupiter 'advanced' in securing successor for CIO as Pearson steps down

Will remain until 2022

Jupiter is “well advanced” in the process to appoint a new chief investment officer after the incumbent, Stephen Pearson, has announced his intention to retire from the industry.

Pearson, who has been at Jupiter for over 20 years and in the industry for over 35 years, will remain with the company until 2022 to ensure a "seamless handover," a spokesperson said. Pearson commented that this feels like "a natural moment" for him to step back and "devote more time to my growing portfolio of interests outside the industry".    "We have achieved a lot in the 12 years I have been involved in the management of our teams, broadening our investment capabilities into new asset classes and extending our client reach beyond the UK," he said.  "With the integration of Merian...