Bringing you live news and features since 2006 

Vanguard makes change to international leadership team


John James, Managing Director-Vanguard Australia, and Colin Kelton, principal of Vanguard’s Retail Marketing & Communications group in the United States, have been named to new roles on the leadership team of Vanguard’s International group, reporting directly to James M Norris, Managing Director, Vanguard International.

James will transition from his current position as Managing Director-Vanguard Australia, assuming responsibility for management, distribution, and operations of Vanguard’s UK and European businesses.  He replaces Thomas M. Rampulla, who after seven years of leading Vanguard’s operations in the United Kingdom and Europe, will return to the US to head Vanguard’s $1 trillion Financial Advisor Services division by mid-year. Rampulla will join Vanguard’s senior executive team and report directly to Vanguard CEO Bill McNabb.
James Norris, Managing Director, Vanguard International, says: “We are very pleased to retain John on Vanguard’s international leadership team. He is a tenured professional in the investment management industry who will bring his experiences from the US and Australia to benefit our European business and our clients. 
“We would like to thank Tom for his tremendous efforts in Europe. Under his leadership, we have built and navigated the business through significant industry change, including the UK's Retail Distribution Review, which Vanguard has relentlessly championed for in the long-term interest of investors.  Vanguard's European operations now have more than $90 billion in assets under management and we are successfully exporting our proposition across Europe as a low-cost, high-value provider of investments and services."
James joined Vanguard at its US headquarters in 2008 as Head of Broker-Dealer Sales and Distribution, and then moved to the International division and was the global business lead for the group's strategic review of The Vanguard Group's non US business and distribution efforts. In 2010, James returned to Australia to lead Vanguard's Australian operation.
Prior to joining Vanguard, James was the CEO of Australian Football League team Port Adelaide for four years. In addition, he brings more than 15 years of executive leadership experience with prominent Australian financial services companies. He was a senior leader at MLC, the wealth management division of the National Australia Bank, where he was involved in retail distribution, institutional strategy, corporate superannuation and scaled advice. He serves as a director of the Financial Services Council, holds an MBA from the University of Adelaide and has completed the Advanced Management Program at the Wharton School of the University of Pennsylvania.
Rampulla joined Vanguard in 1988 and has held various positions of increasing responsibility. He has worked in Vanguard’s Financial Division, Fixed Income Group and Institutional Sales and Marketing. Prior to joining Institutional Sales and Marketing, Rampulla was a portfolio manager in Vanguard’s Fixed Income Group’s Stable Value Management group. Before joining Vanguard, Rampulla worked for the financial software firm Shaw Data Services. He earned a B.S. from Bloomsburg University, Pennsylvania, USA., and an M.B.A. from Drexel University, Pennsylvania, USA.  He is also a graduate of Harvard Business School’s Advanced Management Program.
In Australia, Colin Kelton will assume the position of Managing Director-Vanguard Australia, with responsibility for all aspects of management, distribution, and operations of Vanguard’s Australian business.
Kelton is a principal in Vanguard’s Retail Marketing & Communications group and leads efforts in prospect and client marketing and communications; web design and architecture; and social media for the Retail Investor Group.  Vanguard’s largest divisions, the Retail Investor Group has $1.26 trillion in assets and serves more than six million clients.
Kelton started with Vanguard in 1990 as a service associate and has held various positions of increasing responsibility in Vanguard’s Retirement Resource Center, Retail Operations, and Retail Services. Kelton graduated from Penn State University with a degree in economics. He earned an MBA from Drexel University and is a graduate of Harvard Business School's Advanced Management Program.
Norris concluded: “Colin is a Vanguard veteran who possesses a vast amount of knowledge and understanding of Vanguard’s highly successful US operations.  He will be a valuable addition to our international leadership team and help to lead the next chapter of our growth and success serving the needs of Australian investors.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by