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Platypus Asset Management appoints Jelena Stevanovic as CEO

Women's Tabloid News Desk
Women's Tabloid News Desk

Platypus Asset Management, a prominent equities funds manager in Australia with assets totaling $5 billion, is undergoing a change in leadership as it bids farewell to its long-serving CEO, Gary Adamson. Stepping into the role is Jelena Stevanovic, a seasoned portfolio manager within the organization who brings over 15 years of experience to her new position.

Stevanovic’s journey with Platypus began in 2008 when she joined as a senior equities analyst. Over the years, she has played a pivotal role in the company’s investment strategies and has been instrumental in managing the flagship equities portfolio since 2016. Her deep-rooted understanding of the business and its culture positions her as a natural successor to Adamson.

During Adamson’s tenure, Platypus witnessed significant growth in its assets under management, soaring from $40 million to $5 billion, catering to some of Australia’s largest institutions and super funds. Geoff Black, Chair of Platypus, extends his gratitude to Adamson for his exceptional leadership and contributions to the company over the years.

Established in 1998 by trading analysts Don Williams and Nicholas Wright, Platypus Asset Management entered a joint venture with Australian Unity in 2006, marking a significant milestone in its growth trajectory. Australian Unity, a well-known wellbeing company, assumed full control of Platypus in 2021, further solidifying its position in the market.

As Stevanovic assumes her new role as CEO, she expresses her enthusiasm for leading Platypus into its next phase of growth. Her focus remains on leveraging the company’s strong performance track record, diverse team, and client-centric culture to deliver superior outcomes for investors.

In conjunction with Stevanovic’s appointment, Stephen Butel, an experienced equities analyst with Platypus since 2017, has been promoted to the role of portfolio manager. 

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