AMP Capital announces management restructure
AMP Capital has announced a management restructure which will see the departure of its Chief Operating Officer, Sharon Davis.
The restructure was announced by AMP Capital chief executive, Adam Tindall around three regional distribution roles.
He said the company would orient and bolster its distribution teams around client groups in three regions — Australia and New Zealand, the North-West region (Europe, India, Middle East and the Americas) and Asia — and has appointed an executive for each region.
Tindall said Craig Keary, who currently leads distribution in Australia and New Zealand, would become Director, Australia and New Zealand while Boe Pahari would take on leadership of the distribution functions supporting the North-West region while continuing to manage the Infrastructure Equity business as Global Head Infrastructure Equity and Director, North-West.
Tindall said Anthony Fasso, currently Director, International, would now focus on distribution and strategic partnerships in Asia and lead global coordination of client and consultant coverage taking on a new role as Global Head of Portfolio Strategy and Director, Asia.
The announcement said AMP Capital would also bring its operations and finance functions under one combined Chief Financial Officer (CFO)/Chief Operating Officer (COO) role, which would be held by Margaret Payn, who is currently AMP Capital's CFO.
"The creation of the three regional distribution leadership roles and the introduction of a combined CFO/COO means the role of Director of Australia and New Zealand and COO, held by Sharon Davis, is no longer required," it said.
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