Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Markets
18 July 2025 by Georgie Preston

Fund manager declares Australia investing safe haven as ASX gains

Amid global uncertainty and erratic policy swings out of the US, a boutique manager says Australia is emerging as a relative safe haven for equity ...
icon

Spender pushes for review into YFYS, RG 97 to address ‘suboptimal outcomes’

The Your Future Your Super scheme and RG 97 may be directing capital away from more productive uses and discouraging ...

icon

Gold faces balancing act in H2 amid inflation, geopolitics

Gold’s path forward remains highly dependent on multiple factors following an exceptionally strong start to the year

icon

Australia’s economy to remain resilient despite looming tariff deadline

Renewed trade tensions have raised fresh questions about the outlook for the Australian economy as the August deadline ...

icon

Smaller super players stand out on top 10 ranking

SuperRatings has shared the top 10 balanced options of the last financial year. The Raiz Super Moderately Aggressive ...

icon

Evergreen funds offer opportunities and trade-offs, warns consulting firm

Evergreen and semi-liquid fund structures have simplified access to private markets but their liquidity profile can pose ...

VIEW ALL

New AMP announces executive team

  •  
By
  •  
5 minute read

The AMP/Axa AP merger has resulted in ipac's co-founder and Axa AP's CFO relinquishing their executive roles.

AMP has announced its new senior executive line-up after its merger with Axa Asia Pacific Holdings (Axa AP) gained court apporval this week.

Axa group strategy general manager and ipac chairman Arun Abey will give up his executive role.

Abey, who is also one of the founders of the financial planning firm, will remain chairman of ipac.

Axa Group chief financial officer Geoff Roberts will also relinquish his executive role and take up directorships with the boards of Axa Life and National Mutual Life Assurance.

 
 

"They will still be involved in the business, but from a merger perspective you've got to remember they are very similar businesses," an AMP spokesperson said.

"When it comes to: where are the senior managers going to sit, you are going to see more of them in the AFS (AMP Financial Services) businesses than you are in the group business."

Axa chief executive Darryl Mackay will join the AMP leadership team as company secretary and head of secretariat, reporting to AMP general counsel Brian Salter.

Axa Group chief actuary and chief risk officer Mike Thornton will be AMP group risk management director in the merged company, reporting to AMP chief financial officer Paul Leaming

Axa product general manager Ian Campbell, Axa financial advice networks general manager Andrew Waddell and ipac chief executive and head of advice Neil Swindells will report to AFS managing director Craig Meller.

Axa sales and marketing general manager Adrian Emery will join the integration program and will report to Paul Sainsbury, who leads the integration team.

Barry Wyatt will take up Emery's role in an acting capacity, reporting to Meller. 

Axa chief operating officer Wendy Thorpe will report directly to AMP chief information officer Lee Barnett

In New Zealand, AFS managing director Jack Regan will lead the merged business, and the senior managers, who currently report to the Axa New Zealand chief executive Ralph Stewart, will report directly to Regan. 

Axa chief investment officer Mark Dutton will join the AMP Capital Investors management team and will report directly to its managing director, Stephen Dunne.

All management appointments will take effect on 31 March.