AMP announces wealth leadership shake-up
AMP announces wealth leadership shake-up
The wealth giant has unveiled a raft of management changes – including the exit of a key advice executive – following new AMP Australia chief executive Scott Hartley taking the helm.
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Under the changes, former Yellow Brick Road wealth management chief and Wealth Market head Matt Lawler will be appointed managing director of advice, with Equipsuper chief investment officer Anna Shelley to join as CIO, with accountability for investment performance being brought into AMP Australia for the first time.
Current Sunsuper chief financial officer Jason Sommer will join as director of transformation and investments.
AMP in leadership shake-up
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AMP Limited has announced a new leadership team and operating model covering its wealth management business and AMP Bank.
AMP Australia chief executive officer Scott Hartley said the move was designed to increase performance and add greater efficiency via a flatter structure.
The move sees former MLC executive, Matt Lawler become managing director, advice, Anna Shelley becomes chief investment officer replacing Debbie Alliston who is retiring, Jason Sommer will be director transformations and investments while Ilaine Anderson and Sean O’Malley, who have both been acting in the roles of super, retirement and platforms, and AMP Bank respectively, being permanently appointed to their roles.
AMP Australia CEO Scott Hartley (right) and incoming managing director of advice, Matt Lawler
AMP Australia boss Scott Hartley has hired ex-Yellow Brick Road and Wealth Market chief executive Matt Lawler to head up advice as part of a broader refresh of the group’s executive leadership team.
Speaking to
Professional Planner, Hartley describes the “energy and passion” Lawler has for the advice industry.
“Matt’s an experienced leader with great vision and commercial acumen, and the ability to build the alignment both in strategy and vision internally and externally.”
Lawler is well known in advice circles for his executive roles at MLC and then NAB, together with his work with major broking firms. He comes to the role from Wealth Market, where he has been CEO for over three years.
Dec 21, 2020
Update 12/21/20 – Diamond Point and Castle Hill have completed construction on the Cascade Road self-storage facility in Atlanta. Opened on Nov. 5, the property comprises 96,090 square feet. Features include an executive conference room, workstations, a copy center and Amazon Hub locker, according to a press release. It’ll be managed by Life Storage Inc., a publicly traded real estate investment trust and third-party management firm.
“The Cascade Road area has a great deal of business executives that work at home,” Sommer said. “The community has overwhelmingly welcomed this upscale self-storage facility and business center.”
Based in Buffalo, N.Y., Life Storage operates more than 900 self-storage facilities in 30 states and Ontario, Canada. Its portfolio of owned and managed facilities comprises more than 65.8 million square feet.
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