Platinum Asset Management (ASX:PTM) announced that Andrew Clifford has given notice of his intention to step aside from his positions as the company’s Managing Director and CEO.

Following this development, the board intends to shortly begin a process to search for a new CEO.

Until a suitable successor is located and appointed, Clifford will maintain the CEO role on an interim basis.

Platinum Asset Management is a financial services company based in Sydney, specializing in investment management.