This comes after Phil Garling, AMP Capital’s current Global Head of Infrastructure, decided to retire from full time executive roles following a career spanning 34 years in financial services and construction.

AMP Capital Managing Director Stephen Dunne said: “I am very pleased to welcome Scott as the new Global Head of Infrastructure.  Scott’s 15 years of direct infrastructure experience will provide a strong basis from which we will continue to expand our global investment opportunities for clients.

“AMP Capital will continue to focus on the attractive opportunities in infrastructure as governments around the world seek to reverse years of under-investment in critical infrastructure and utilities – and converting these into investment opportunities for our clients,” said Mr Dunne.

Mr Davies has over 20 years’ financial services experience and a well-established presence in the global infrastructure space.  He brings a strong record of establishing and growing infrastructure businesses.  He was CEO of the ASX listed Macquarie Communications Infrastructure Group from its inception in 2002, where he was accountable for all aspects of business performance and management.
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Prior to this, Mr Davies held senior investment roles for Macquarie Capital in New York and London between 1995 and 2002, where he was responsible for Macquarie Group’s cross-border asset financing activities with a particular focus on the telecommunications sector.  Mr Davies has also held roles at Hambros Bank in London and Sydney and Minter Ellison in Sydney.  Mr Davies will report to AMP Capital Managing Director Stephen Dunne.
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“Over the nine years Phil has been with AMP Capital he has built our direct infrastructure capability into a world class offer.  Under Phil’s leadership, we expanded the breadth and depth of our infrastructure capability, opening new offices in London, Beijing, New Delhi and New York and he increased the team from seven investment professionals to more than 60 globally,” Mr Dunne said.
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“Phil has formed experienced teams covering the infrastructure life-cycle, from deal origination to asset management and divestment, allowing us to offer leading investment capabilities to clients who want access to infrastructure assets in the United Kingdom and Europe, Australia, Asia and North America.  I personally have enjoyed working with Phil and wish him all the very best for his retirement,” he continued.
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Mr Garling will retain his involvement with AMP Capital via existing board representations, including continuing as its appointee to listed company DUET Group, the Chairman of the Asian Giants Infrastructure Fund (AGIF) and a board member of The Infrastructure Fund of India (TIFOI). Phil Garling will transition his responsibilities to Scott Davies over the coming weeks and will leave AMP Capital in July.

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