People Moves

AMP Reshuffles Executive Ranks As New CEO Takes The Helm

Vanessa Doctor Asia Correspondent 10 October 2013

AMP Reshuffles Executive Ranks As New CEO Takes The Helm

AMP, the Australia and New Zealand wealth management firm, has reshuffled its management ranks to build a "leaner, more efficient" team effective 1 January 2014. 

Under the new structure, Lee Barnett retains his role as chief information officer, responsible for the company's information technology function, workspace and sourcing, while Pauline Blight-Johnston, director of wealth protection and mature products, was promoted to group executive for insurance and superannuation. Also promoted is Rob Caprioli, from director of banking and wealth management products, to group executive for advice and banking. 

The appointments are in line with incoming chief executive Craig Meller's plan to create a more customer-driven organisation, the firm said in a statement. 

Gordon Lefevre, CFO of property firm Grocon, is replacing Colin Storrie as chief financial officer, effective 1 March 2013. Lefevre will join AMP at the end of January 2014. 

Executives retained under the new structure include Matthew Percival as group executive for public affairs and chief of staff, Paul Sainsburyas chief customer officer responsible for customer and self-managed superannuation business portfolios and Brian Salter as general counsel. Wendy Thorpe, director for operations at AMP, was promoted to group executive for operations, while Fiona Wardlaw, general manager for human resources, becomes group executive for people and culture. 

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes