The chief financial officer of Jupiter Fund Management is to leave in 2016, as the senior reshuffle at the £33.5 billion manager continues.

In a statement on November 30, Jupiter confirmed that executive director Philip Johnson, who joined the funds house in 2009 and helped oversee its flotation in 2010, would be stepping down. Jupiter said he had agreed to stay on until May 30, 2016, as the board looks for a successor.