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Janus Henderson (ASX:JHG) appoints Ali Dibadj as CEO

ASX News, Finance
ASX:JHG
24 March 2022 16:25 (AEST)
Janus Henderson (ASX:JHG) - Incoming CEO, Ali Dibadj

Source: Ali Dibadj/LinkedIn

Asset manager Janus Henderson (JHG) has appointed Ali Dibadj as Chief Executive Officer, effective no later than June 27.

Mr Dibadj will be taking over from Dick Weil who previously announced his retirement as CEO and a member of the board on March 31, 2022.

Effective April 1, Chief Financial Officer Roger Thompson will serve as interim CEO until Mr Dibadj joins on a permanent basis.

“As part of our CEO transition planning, we conducted an extensive internal and external search to identify an executive who both understands our business and has the necessary strategic expertise to help drive the firm’s next phase of growth for the benefit of our clients and shareholders,” Chairman Richard Gillingwater said.

“The board is confident that Ali is the ideal choice to lead this great company into its next phase of growth and value creation.”

Mr Dibadj joins Janus from AllianceBernstein Holding (AB) where he has been CFO and Head of Strategy since February 2021 and Portfolio Manager for AB Equities since 2017.

Prior to that he was Head of Finance and Head of Strategy at AB from April 2020 to February 2021 and co-led AB’s Strategy Committee in 2019.

Before joining AllianceBernstein, Mr Dibadj spent nearly 10 years in management consulting with a stint at McKinsey & Company and Mercer.

“I am delighted to join Janus Henderson and look forward to having the opportunity to lead such a talented group of professionals at an important time for the company and the industry,” Mr Dibadj said.

“The executive team, the board, and I look forward to identifying, expediting, and capturing growth and innovation that creates value for our clients, employees, shareholders, communities, and all stakeholders.”

Shares in Janus were down 3.28 per cent and were trading at $46.06 at 2:34 pm AEDT.

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