Scott Hartley new AMP Australia CEO

Former Sunsuper chief executive, Scott Hartley, is the new chief executive of AMP Australia.

Hartley will take up his position on 11 January and report to AMP chief executive, Francesco De Ferrari.

AMP said the appointment would see Hartley lead the strategic transformation of AMP Australia which was already underway.

Prior to Sunsuper, Hartley led the corporate and institutional wealth business at MLC Wealth.

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Given his SunSuper experience he should be well placed to mandate AMP Capital's unlisted property and infrastructure funds as "defensive" assets in client portfolios and multi asset products. If the union funds can get away with it, why shouldn't AMP cash in on the rort?

I believe they should and will. then charge all members a fee for Intra Fund advise and sell sell sell.
With newly unlisted assets these assets will be near to market value so they could easily ramp up returns by increasing valuations of the unlisted assets and as Industry Super likely been doing this for years, potentially AMP would have a massive advantage showing better returns for a good decade before approaching any issues with overvaluation - maybe more. Hedware would approve.

Interesting given they already provide a type of intrafund advice service themselves.

Brave man taking that role. The regulator hates AMP, the general public hates AMP, the majority of their clients hate AMP and their aligned advisers hate AMP. To top it off it is up for sale so any role is only short term.

I'm $ure he know$ that and ha$ a very generou$ exit clau$e$ in hi$ contract.

How on earth is De Ferrari still there ????????
Is it going to cost AMP too much to get rid of him as they have already spent a fortune on the appointment, salary and bonuses.
It's interesting that David Murray, the person who was instrumental in securing him to the position has now left.
Also interesting that the recent appointment of Scott Harley has not come from their seeding ground at Credit Suisse where it appeared that was a key criteria.

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