Most Influential: Andrew Mohl
IF THEMoney ManagementTop 10 Most Influential People was to have a rising star among its ranks this year, that person would have to be AMP chief executive Andrew Mohl.
He has only just taken on the top job at AMP, after receiving the nod from the board in September.
Mohl has had plenty of time to contemplate heading up the group after spending nearly three years as managing director of its largest business unit, AMP Financial Services, where he started with the group as general manager of retail distribution in late 1996.
In between those two roles, Mohl also spent time as the managing director of AMP Asset Management, covering all of the group’s Australasian retail and wholesale funds. He is still well remembered for this role within AMP, where he has been credited with transforming the advice-based distribution channels held by the group and developing a multi-channel distribution platform.
Oddly enough, Mohl has said one of the first things he aims to do in his new role is review AMP’s distribution channel and product lines to ensure they are all benefiting the company, adding that those failing to come up to standard would be rejuvenated or closed.
Given that AMP is still the biggest financial planning group in the country in terms of adviser numbers through both AMP Financial Planning and Hillross, this is not a statement to be taken lightly.
For nearly 2,000 financial advisers and hundreds of thousands of investors, Mohl is a man they can expect to hear much more from in the coming year.
AUTHOR
Jason Spits
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