AMP Limited Chief Executive Craig Dunn today announced senior AXA APH (AXA) management appointments to the AMP Group. All management appointments will take effect on 31 March 2011.
Head of the Office of the AXA Chief Executive Officer Darryl Mackay will join the AMP leadership team as Company Secretary and Head of Secretariat, reporting to Brian Salter, AMP General Counsel.
AXA’s Group Chief Financial Officer Geoff Roberts will join both the AMP Life and the National Mutual Life Assurance boards as a non-executive director but will be leaving his executive role.
AXA’s General Manager Group Strategy and Chairman of ipac Arun Abey will continue as Chairman of ipac but will step down from his Group Strategy role.
AXA’s Group Chief Actuary and Chief Risk Officer Mike Thornton will be Director Group Risk Management in the merged company, reporting to AMP Chief Financial Officer Paul Leaming.
The appointments are in addition to AXA Chairman Rick Allert and Director Patty Akopiantz, joining the AMP board effective 31 March 2011.
AMP Chief Executive Officer Craig Dunn said the appointments represent an important step in maintaining the growth momentum for the combined business.
“We are pleased to welcome senior members of the AXA management team to AMP and look forward to the significant contribution they will make.”
AMP Financial Services Managing Director Craig Meller today announced new appointments to his leadership team from 31 March.
AMP Financial Services (AFS) will be responsible for the combined AXA and AMP superannuation, investments, banking, insurance and financial adviser businesses.
Most direct reports to AXA’s Chief Executive Australia and New Zealand, Warren Lee will report directly to Mr Meller. These include:
- Ian Campbell, General Manager Product
- Andrew Waddell, General Manager Financial Advice Networks
- Neil Swindells, Chief Executive ipac and Head of Advice
The exceptions are AXA’s General Manager Sales & Marketing Adrian Emery and AXA’s Chief Operating Officer Wendy Thorpe. Mr Emery will join the integration program reporting to Paul Sainsbury, the leader of the integration team. Barry Wyatt will take up Mr Emery’s role in an acting capacity reporting to Mr Meller. Ms Thorpe will report directly to AMP’s Chief Information Officer Lee Barnett and will also be a member of Mr Meller’s leadership team.
“We are pleased to welcome our AXA colleagues to AMP and look forward to working with them,” Mr Meller said.
In New Zealand, AMP Financial Services Managing Director Jack Regan will lead the merged business. The senior managers who currently report to the AXA New Zealand CEO Ralph Stewart, will report directly to Mr Regan.
Mr Meller also said today that AXA’s North product and platform will 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. We’re delighted to confirm that AMP will continue to support and develop North,” Mr Meller said.
AXA’s Chief Investment Officer Mark Dutton will join the AMP Capital Investors leadership team and will report directly to Managing Director Stephen Dunne.