Nichola Pease has been appointed as non-executive chairman of Jupiter Fund Management, succeeding current chairman, Liz Airey.
The appointment is effective from 2 March 2020, the same date Airey will step down from the board.
Most recently, Pease served as a non-executive director at Schroders from September 2012 to November 2019.
She was also chair of the remuneration committee, and a member of the audit and risk committee and nomination committee.
She brings with her 30 years' experience in the industry, having served as chief executive, and subsequently deputy chairman, of J O Hambro Capital Management from 1998 to 2008.
She held a number of roles in the charity and public sectors in the intervening period.
Airey has been a non-executive director of Jupiter since May 2010 before being appointed chair in September 2014.
Jonathon Bond, senior independent director of Jupiter, commented: "I am very pleased to announce the appointment of Nichola. She is an outstanding successor to our outgoing chairman and brings significant relevant experience to the board.
"At a time when Jupiter is moving forward under new leadership and with a refreshed plan to grow the business, Nichola's industry expertise will prove invaluable.
"I would like to take this opportunity to express the board's gratitude to Liz Airey. We have benefitted immensely from her long and successful stewardship, during which the company has grown significantly while also navigating a rapidly evolving market environment. We wish her all the very best for the future."
Pease added: "Jupiter is an exceptional firm with a high-quality team and an ambitious strategy to build the business over the next five years. I look forward to joining the board at a very exciting time for the business."