Lansdowne Partners, one of Europe's most influential hedge funds, has appointed a new finance director as part of a wider reallocation of responsibilities among its leadership.

Hugh Orange is taking up the role of finance director, following the retirement of Yok Wah Tai, who had spent 16 years at Lansdowne Partners, according to a person familiar with the matter. Orange, who joined nine years ago, will also serve as chief compliance officer.