AMP has released details of its new senior leadership team. AMP’s Chief Executive Craig Dunn said Axa Chief Financial Officer Geoff Roberts would relinquish his executive role but join the boards of AMP Life and National Mutual Life Assurance as a non-Executive Director. The only inclusion in Dunn’s senior leadership team is Darryl Mackay, the head of Axa chief executive Andy Penn’s office, who will become company secretary and head of secretariat, reporting to AMP general counsel Brian Salter.
Axa general manager group strategy and chairman of ipac Arun Abey will continue in the latter role but step down from his group strategy position. Mike Thorburn, Axa’s chief actuary and chief risk officer, will be director group risk management in the merged group, reporting to AMP chief financial officer Paul Leaming. Mr Dunn said the new structure was an important step in maintaining the growth momentum for the combined business.
The appointments take effect from March 31, when Axa chairman Rick Allert and non-executive director Patty Akopiantz join the AMP board.
AMP Financial Services (AFS) managing director Craig Meller also announced new appointments to his team, reflecting the merger between the Axa Australia and New Zealand businesses and AMP’s superannuation, investments, banking, insurance and financial adviser businesses.
Most of the direct reports to Axa chief executive Australia and NZ Warren Lee, who is leaving, will report directly to Mr Meller. They include general manager product Ian Campbell, general manager financial advice networks Andrew Waddell, and Neil Swindells, chief executive ipac and head of advice.
Importantly, Mr Meller said yesterday that Axa’s North product and platform would continue to be available to Axa financial advisers, independent financial planners and customers.
Sourced and edited from the Australian.
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