Peter Wallace has endorsed James Maloney to take over the Penrith captaincy for the rest of the NRL season following his shock retirement on Tuesday.

Wallace announced he has hung up the boots after losing his battle to a bicep injury, which was followed my revelations he had played the past year without an ACL in his right knee.

“I know the boys really look up to him and he gives them a lot of confidence having him in the team. They’re in very good hands there,” Wallace said on Wednesday.