Key management changes at AMP Wealth
AMP Limited has announced a new leadership team and operating model covering its wealth management business and AMP Bank.
AMP Australia chief executive officer Scott Hartley said the move was designed to increase performance and add greater efficiency via a flatter structure.
The move sees former MLC executive, Matt Lawler become managing director, advice, Anna Shelley becomes chief investment officer replacing Debbie Alliston who is retiring, Jason Sommer will be director transformations and investments while Ilaine Anderson and Sean O’Malley, who have both been acting in the roles of super, retirement and platforms, and AMP Bank respectively, being permanently appointed to their roles.
Also on the leadership team will be Edwina Maloney as director of platforms covering wrap and self-managed superannaution fund platforms and James Kent as chief technology officer.
Hartley said the extended leadership team also consisted of clientservices led by Steve Vaid and adviser distribution which would be led by Nicole Mahan.
Recommended for you
While the number of advisers switching tends to tick up at the end of the year, Padua Wealth Data reveals which business model sees the most adviser loyalty.
Private credit, auditor misconduct and super trustees have been listed among ASIC’s priorities as the regulator unveils its top focus points for the coming year.
Melbourne-based investment manager Woodbridge Capital has appointed an origination director for south-east Queensland, strengthening its foothold in the region as part of its national expansion strategy.
Barings has appointed a new head of Asia Pacific to succeed Duncan Robertson, who will retire after almost two decades with the firm.
