Yarra Capital Management (Yarra) is delighted to announce the appointment of Edward (Ed) Eason as Managing Director, commencing mid-August 2021.

Mr Eason will have oversight of Yarra’s day-to-day operations, and will be responsible for the delivery of Yarra’s strategic priorities. He will be based in Melbourne, and will lead the Firm’s senior management team.

Mr Eason is an accomplished financial services leader, bringing more than 20 years’ financial services industry experience. He was most recently Chief Financial Officer, Enterprise Services, at Commonwealth Bank of Australia (CBA) where he had financial accountability for the CBA Group’s digital, technology and operations functions, a division representing approximately 11,000 team members. Since 2017, Mr Eason was also a Director of Colonial First State Investments Limited, the issuer of Colonial’s FirstChoice range of products.

Before becoming CFO of Enterprise Services in 2017, Mr Eason was an Executive General Manager at CBA, where he had overall responsibility for the bank’s global strategy function, working closely alongside the Board, CEO and Executive Leadership team. Before joining CBA in 2012, Mr Eason spent 14 years at Goldman Sachs, where he was a Managing Director and Co-Head of the Australian Financial Institutions Group (FIG), one of Australia’s largest and most successful FIG teams.

Dion Hershan, Executive Chairman, Yarra Capital Management, commented:

“In support of Yarra’s ‘client first’ approach, a key priority for the Firm post the recent acquisition of Nikko Asset Management’s Australian business was to appoint a Managing Director to lead and grow a larger and more complex organisation, one that now manages over $20bn of assets.

“Ed’s long and enviable financial services experience makes him the ideal candidate to take Yarra forward into its next phase of growth. He shares our long-term vision for the business, and we couldn’t be more pleased that Ed has agreed to join us.”

Edward Eason, incoming Managing Director, Yarra Capital Management, added:

“I’m incredibly excited to be joining Yarra. The business has an outstanding reputation for operational excellence, and I couldn’t be happier to be joining a team that is so well placed to continue to deliver for its clients. I look forward to working with Dion and the extended senior management team to help the business deliver on its long-term objective of becoming Australia’s most trusted independent investment partner.”