AMP Limited has announced the appointment of John Patrick (JP) Moorhead as its new chief financial officer (CFO), effective 1 June.
He would succeed Gordon Lefevre who would retire from AMP after five years as group CFO following an orderly transition.
Moorhead would lead AMP’s finance function and would be responsible for capital management, treasury, mergers and acquisitions as well as investor relations. He would also join AMP’s group leadership team.
Moorhead, who would be reporting to AMP chief executive, Francesco De Ferrari, previously served as group CFO of the Virgin Group in the UK, and he was chief operating officer for Eight Roads, the proprietary investment arm of Fidelity international.
Prior to that, he worked at Goldman Sachs in the UK and Australia.
“I’m delighted that JP will join our new leadership team. As we change and reinvent AMP, he will bring the valuable international experience of leading finance in a complex and entrepreneurial business at Virgin Group, as well as strong industry experience from his time with Goldman Sachs and Fidelity International,” De Ferrari said.
“He has shown his capabilities over the past year as CFO and COO of AMP Capital and has a strong understanding of the group and the Australian marketplace.”