Key property changes at AMP Capital
AMP Capital’s chief operating officer, Property, Adam Tindall, has been appointed to the key role of Director and Chief Investment Officer, Property, filled for many years by Andrew Bird.
The company announced this week that Bird would retire next year after a 37-year career in the property industry in the UK and Asia Pacific.
The AMP Capital announcement said Bird had been responsible for the company’s property investment and management business since 2004. Mr Bird will be replaced by Adam Tindall, who has been promoted from his current role of Chief Operating Officer, Property.
AMP Capital chief executive, Stephen Dunne paid tribute to the significant contribution Bird had made.
“Under Andrew’s stewardship, AMP Capital’s property business has flourished, growing funds under management to $17.7 billion. He has delivered strong investment performance to our clients both in Australia and internationally. Together with reshaping our investment offering and activating our A$5 billion development pipeline, he leaves the property business in great shape,” Dunne said.
Dunne welcomed, Tindall’s elevation saying he had 28 years’ experience in property including five years at AMP Capital where he has proven to be a talented leader.
Tindall will take over as Director and Chief Investment Officer, Property, in March 2015 after a planned transition of responsibilities.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
