Schroders has named Sam Hallinan as its new CEO for Australia starting in April, reporting to Chris Durack, co-CEO Asia-Pacific, who will continue to have oversight of the Australian business as part of his regional responsibilities and remain a director of Schroders Australia.

Hallinan joins from Nikko Asset Management, where since 2015 he was managing director of the Australian business, and brings over 25 years’ experience in financial services with significant leadership roles in the Australian asset management industry.

The appointment provides a dedicated, focused oversight of the Australian business as it invests in strengthening existing capabilities in Australian equities, multi-asset, fixed income and global equities, while extending its capabilities, including the local build-out of its private debt team and tailored client solutions.

“Sam’s experience and proven leadership will add further depth to our management capability as we remain focused on delivering great investment outcomes for our Australian clients,” says Durack.