AMP Capital appoints PrivateMarketsCo CFO

AMP Capital has appointed Nadine Lennie as chief financial officer (CFO) for PrivateMarketsCo who joins with several years of CFO experience from leading Australian companies.

Lennie would commence her role in April 2022 and would be based in Australia.

PrivateMarketsCo was the name for the de-merging private business part of AMP Capital.

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Lennie previously worked at Atlas Arteria, a global owner, operator and developer of toll roads, where she has been CFO and CFO-elect since 2018.

In this role, Lennie was a key part of the team to transition from Macquarie Bank’s external management to the internal management model.

Prior to that, she held CFO roles at Afterpay Touch Group and Touchcorp, overseeing the successful merger with Afterpay Holdings Ltd, as well as at Australian Pacific Airports Corporation. Lennie was also currently chair of the Victorian Government Purchasing Board.

She had significant experience in the infrastructure market through a range of roles including director of private markets with the Future Fund, as well as with Hastings Funds Management and earlier in her career with PricewaterhouseCoopers.  

Shawn Johnson, PrivateMarketsCo chief executive, said he was very pleased to see Lennie joining the firm as she was incredibly well-regarded in the industry.

“Her recruitment further strengthens the leadership team, especially as Nadine brings valuable listed Australian Securities Exchange experience ahead of the planned demerger in 1H 2022,” Johnson said.

“I look forward to working with Nadine and the new board, led by chairman designate Patrick Snowball.

“We have made significant progress on separating the business from AMP Limited, to establish an independent, stand-alone global manager of infrastructure and real estate investments.

“Nadine, alongside me, will be responsible in delivering our strategy to separate, simplify and broaden our client base and diversify our investment capabilities.”

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