Roy has over 30 years of Australian and international business experience, spanning technology, communications, financial services and superannuation.

Her previous roles include Chief Executive Officer, Bravura Solutions, Managing Director, Business at Optus, and Managing Director, PayPal Australia and New Zealand.

Roy was also formerly Director, Corporate Super at AMP and General Manager, Financial Planning at iPac.

She is currently a Non-executive Director of Titles Queensland and an Advisory Board Member at business consultancy, Lineaire Projects.

Chairman of AZ NGA, Massimo Guiati said Roy bought expertise, insights and governance experience from different companies and Boards, operating in a diverse range of industries and sectors.

“Libby is a proven business leader who is highly respected for her strategic thinking, professionalism, and track record of driving growth and innovation inside the organisations that she has led,” he said.

“Libby shares AZ NGA’s passion to see more Australians get access to quality, affordable advice and achieve their goals, and we are extremely pleased to have her join the Board.”

Roy said her diverse experience and background with businesses of all sizes, particularly in highly regulated industries, positioned her strongly to serve on the AZ NGA Board.

“Over the past 30 years, I’ve built and led a number of businesses in the wealth management sector including financial planning, superannuation and sector-specific technology,” she said.

“A consistent focus throughout has been guiding organisations to scale sustainably – combining commercial discipline with a commitment to innovation and long-term value.”

“AZ NGA is a purpose-led professional services firm with strong values and a clear growth ambition. I’m energised by the opportunity to support its next chapter, bringing my experience to help shape strategic direction and support its talented team.”

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Libby Roy

Libby Roy, currently non-executive director of Bravura, has over 20 years leading global financial services and technology companies and joins from Optus Business in Australia where she was their Managing Director. She has also held several senior executive positions with AMP and AXA, was Managing Director of PayPal in ANZ, and held senior global roles with American Express. Based in Australia, Libby will spend a large amount of time working in the UK and other regions that Bravura serves.

Bravura Chairman Neil Broekhuizen said “I have every confidence that Libby will champion the needs of clients, employees and shareholders into the future. I am delighted that Libby has agreed to become our next CEO, having experienced her talent and contribution first-hand, I am sure she will contribute significantly to Bravura’s development, both internally and externally.”

Peter Mann, former CEO of Skandia and long-standing non-executive Director of Bravura will be the interim CEO until 22 August. Post this Peter will take on the role as Chairman for EMEA (Europe, Middle East, Africa) to bring additional support and focus to Bravura’s growth plans in the region.

In accepting the appointment for Chief Executive Officer from August 22^nd, Libby Roy says “I would like to thank the outgoing CEO, Nick Parsons, for the work he has done in building the executive team and his contribution during his many years with Bravura. I am looking forward to using my experience to harness the tremendous opportunities Bravura has in its existing markets and globally. Bravura has been experiencing a transition in its markets and has been developing its offering accordingly. I am very excited to have been given the opportunity to capitalise on this.”

Peter Mann, interim Chief Executive Officer and new Chairman for EMEA said, “During my time as non-executive director, I’ve seen Bravura grow into a highly regarded and deeply trusted partner to some of the world’s most important financial institutions and I wish to help to continue this growth.”

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AMP SignatureSuper Select will offer medium sized companies with between 50-750 employees a sophisticated corporate superannuation product with over 30 investment options, flexible insurance arrangements, a tiered pricing structure and access to AMP’s leading MySuper lifecycle solution.

AMP Director Corporate Superannuation Libby Roy said AMP had worked hard to build an attractive superannuation solution for the growing middle market.

“AMP SignatureSuper Select brings the best of AMP’s corporate superannuation to medium sized companies. We know how important the employee value proposition is to mid-sized businesses.

“With SignatureSuper Select employers can offer their employees a first rate superannuation solution with flexible features, including an option for employers to pay employees insurance premiums and a diversified range of investment options.

“AMP recognises the importance of the middle market as a growth engine for the Australian economy.  It’s important that these businesses get superannuation right for their employees, and we recognise that can sometimes be onerous to manage.

“SignatureSuper Select allows them to offer a customised and holistic superannuation offer to their employees regardless of the size of their business,” Ms Roy said.

SignatureSuper Select customers will have access to AMP’s MyPortfolio so they can manage their account information online.

SignatureSuper Select will complement AMP’s existing superannuation product range, including SignatureSuper which caters predominantly to the large and mega employer market.

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Ms Roy will be responsible for driving AMP’s corporate super strategy and will work closely across all areas of the business including sales, distribution, marketing, product, pricing and investments.

Ms Roy’s appointment reflects AMP’s increased focus on retaining and attracting corporate superannuation customers during a time of significant industry change.

“Libby brings extensive experience in the financial services industry to this role and we are pleased to have her driving our corporate superannuation business,” AMP Financial Services Managing Director Craig Meller said.

“It is a particularly critical time as the industry prepares for a wide range of changes – including the introduction of MySuper default options for superannuation.  We want to ensure we are well-placed to implement these changes successfully for our business and customers,” Mr Meller added.

AMP’s corporate super team previously reported into Strategic Marketing and Sales.

Ms Roy brings to the role significant experience in financial services, most recently as Acting Multiport Managing Director. Prior to that she was General Manager of ipac Financial Planning with responsibility for ipac’s in-house and equity partner network of approximately 150 advisers with more than $5 billion in funds under advice. Ms Roy has more than 17 years’ experience across a number of industries in Australia and the United States.  She was the General Manager of American Express Travel across Asia Pacific.  She has held a range of positions in financial services including general management, marketing, product development, and operations as well as working for Booz as a strategy consultant. Ms Roy’s appointment is effective 30 July 2012.

13 July 2012

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