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Jupiter CEO Andrew Formica to step down
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fnlondon.comJupiter Fund Management has announced that Andrew Formica will step down as chief executive of the FTSE 250-listed asset manager later this year, three years after he took on the top job.
The announcement comes just over a month after a former Jupiter board member criticised the asset manager in an open letter, calling the appointment of Formica in 2019 “a mistake”.
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