AMP Limited appoints new CFO

AMP Limited john patrick moorhead

2 May 2019
| By Oksana Patron |
image
image
expand image

AMP Limited has announced the appointment of John Patrick (JP) Moorhead as its new chief financial officer (CFO), effective 1 June.

He would succeed Gordon Lefevre who would retire from AMP after five years as group CFO following an orderly transition.

Moorhead would lead AMP’s finance function and would be responsible for capital management, treasury, mergers and acquisitions as well as investor relations. He would also join AMP’s group leadership team.

Moorhead, who would be reporting to AMP chief executive, Francesco De Ferrari, previously served as group CFO of the Virgin Group in the UK, and he was chief operating officer for Eight Roads, the proprietary investment arm of Fidelity international.

Prior to that, he worked at Goldman Sachs in the UK and Australia.

“I’m delighted that JP will join our new leadership team. As we change and reinvent AMP, he will bring the valuable international experience of leading finance in a complex and entrepreneurial business at Virgin Group, as well as strong industry experience from his time with Goldman Sachs and Fidelity International,” De Ferrari said.

“He has shown his capabilities over the past year as CFO and COO of AMP Capital and has a strong understanding of the group and the Australian marketplace.”

 

 

 

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

6 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 11 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 9 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 12 hours ago