Where the AXA team fits into AMP

AMP Limited has announced the new shape of its executive management team flowing from its acquisition of AXA Asia Pacific (AXA AP), with most of those who had been reporting to AXA’s chief executive in Australia and New Zealand, Warren Lee, now reporting to AMP Financial Services managing director Craig Meller (pictured).

These include general manager product Ian Campbell, the general manger of advice networks Andrew Waddell, and the chief executive of ipac and head of advice, Neil Swindells.

At the same time, AMP has signalled continuing support for AXA’s North platform.

Further up the chain, AXA general manger group strategy and chairman of ipac, Arun Abey, will continue as chairman of ipac, while the most senior AXA appointment has proved to be that of the head of the office of the AXA chief executive, Darryl Mackay, who becomes company secretary and head of secretariat reporting to AMP general counsel, Brian Salter.

AXA’s group chief financial officer Geoff Roberts will leave his executive role joining the AMP Life and National Mutual Life Assurance boards as a non-executive director, while AXA’s group chief actuary and chief risk officer Mike Thornton will be director group risk management in the merged company.

Meller said AXA’s North product and platform would continue to be available to AXA financial advisers, independent financial advisers and their customers.

“We have looked closely at both the North platform and products, and have been impressed by what we’ve seen,” Meller said. “We are delighted to confirm AMP will continue to support and develop North.”