(Photo: AP)

Vanguard said it has appointed John James to be its new head of human resources beginning Dec. 31.

James, 48, now leads Vanguard’s European business, and will replace Kathleen Gubanich, 57, who will retire at year-end after a 30-year career with the firm.

“We are pleased to welcome John to Vanguard’s senior leadership team. He is a tenured professional in the investment management industry, and the breadth of his perspective and diversity of experiences in the U.S., Australia, and Europe will greatly benefit our company and our clients,” said Vanguard CEO Bill McNabb, in a statement.

James joined Vanguard in 2008 and two years later was appointed to lead its Australian operations. Before joining Vanguard, James served as CEO of the Australian Football League team Port Adelaide for four years and also worked in the financial sector.

He will become a member of Vanguard’s 12-person senior leadership team and report directly to McNabb.

Vanguard has some $3.8 trillion in global assets and offers some 350 funds to 20 million investors worldwide.

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