AMP makes leadership team changes

AMP Capital has made a number of changes to its leadership team.

Craig Keary, currently AMP Capital director of Australia and New Zealand, will become AMP Capital director, Asia Pacific. Keary will retain responsibility for Australia and New Zealand and assume leadership of AMP Capital’s operations in Beijing, Hong Kong and Tokyo. Currently based in Sydney, Keary will relocate to Asia in the coming months.

Anthony Fasso, currently AMP Capital director, Asia, and global head of portfolio strategy based in Hong Kong, has expressed a desire to return home to Australia after 23 years in the region, including seven with AMP Capital. He will retain his portfolio strategy responsibilities and will remain on the AMP Capital leadership team, based in Melbourne. In this role, Fasso will continue to focus on opportunities to accelerate AMP Capital’s growth through targeted mergers and acquisitions.

Simon Warner, head of global fixed income in Sydney, and London-based David Allen, global head of equities, have been elevated to the role of global chief investment officer (CIO) for their respective asset classes and will sit on the AMP Capital leadership team, reporting to CEO Adam Tindall.

As a result, Mark Beardow, AMP Capital CIO of global equities and fixed income, will leave the business.

“Asia is a critical market for AMP Capital. By creating an Asia-Pacific region, we are better integrating our operations across Australia, New Zealand, China, Japan and Asia more broadly,” comments Tindall, adding, “Mark has been a positive force throughout his time at AMP Capital. I thank him for his keen investment insights and leadership, and wish him all the best.”

The changes are effective March 27 2017. Management of AMP Capital’s other divisions remain unchanged.