AMP's incoming chief executive Craig Meller has chosen to combine the leadership teams of AMP Limited and AMP Financial Services, resulting in a number of executives moving slightly higher up the pecking order.
On the financial planning front, the changes will mean that Steve Helmich, as the director of Financial Planning and Advice Services, will now report to the group executive, advice and banking, Rob Caprioli, where he previously reported to Meller.
Announcing the changes in a release to the Australian Securities Exchange (ASX) today, Meller said the new structure and team reflected the company's plans to build a leaner and more efficient organisation.
The new group leadership team will take office from 1 January, next year, with Pauline Blight-Johnston among those to benefit from the changed structure. She takes on the role of group executive insurance and superannuation, responsible for AMP's risk insurance, retail superannuation, investment and pensions and platforms business portfolio.
The other members of the leadership team named in Meller's release are:
Lee Barnett — chief information officer, responsible for AMP's information technology function, workspace and sourcing.
Rob Caprioli — group executive advice and banking, responsible for AMP's advice, banking and corporate superannuation business portfolios.
Stephen Dunne — managing director AMP Capital, responsible for AMP's investment management, investment performance and Asian growth strategy portfolios.
Gordon Lefevre — chief financial officer, responsible for AMP's finance function, effective 1 March 2014.
Matthew Percival — group executive public affairs, and chief of staff, responsible for AMP's public affairs function and the Office of the CEO.
Paul Sainsbury — chief customer officer, responsible for AMP's customer and self-managed superannuation business portfolios.
Brian Salter — general counsel, responsible for AMP's legal and governance functions.
Wendy Thorpe — group executive operations, responsible for AMP's customer service, contact centres, underwriting and claims operations portfolios.
Fiona Wardlaw — group executive people and culture, responsible for AMP's human resources function.
