Ali Dibadj (pictured) has been unanimously backed by the board of Janus Henderson to replace outgoing chief executive Dick Weil, who will retire at the end of March.
Dibadj has been CFO and head of strategy at Alliance Bernstein since February 2021 and portfolio manager for AB equities since 2017.
Following Weil’s retirement on 31 March and before Dibadj joins, which is due to be no later than 27 June, Janus Henderson CFO Roger Thompson will take on the chief executive mantle on an interim basis.
To ensure an orderly transition, Weil will serve as an adviser to Janus Henderson until 30 June. Janus Henderson announced his retirement last year, days after activist investor Trian Fund Management called for a shake-up of the company’s board.
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”.
He thanked Weil “for his leadership over the years” and Thompson “for stepping into the role of interim CEO during this important period of transition”.
Dibadj added: “I have long admired Janus Henderson’s commitment to deliver for its clients with investment and servicing excellence. 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.”