AMP Capital has appointed a new head for its New Zealand business following the departure of several executives in the wake of the Boe Pahari scandal.
Rebekah Swan will take on the newly combined role of managing director and head of clients for AMP Capital’s New Zealand business after more than 19 years with the business.
“Rebekah is a highly valued and respected member of the AMP Capital team and has been central in bringing many of our global products and capabilities to our local clients,” said Grant Hassell, AMP Capital global fixed income head and chair of the New Zealand business.
“She is held in the highest regard by our clients as well as the market more broadly and is involved in many industry groups, supporting responsible investing. Having Rebekah in the combined role of NZ managing director and head of clients will allow her to focus fully on continuing to grow, develop and support the changing needs of our business and to continue to meet the needs of our New Zealand clients.”
Ms Swan is currently New Zealand head of product and an ESG investment specialist. She started with AMP Capital New Zealand in 2001 as a business analyst in the finance team, before moving to the relationship management team and taking on the role of head of distribution. Her appointment is effective immediately.
“I’m proud to lead such a strong and talented team, who are committed to delivering for our clients every day. I’m also excited to further imbed my deep passion for responsible investing across the business, especially considering the critical role of ESG in driving positive investor outcomes as well as for future generations of New Zealanders,” Ms Swan said.
The roles have been effectively vacant since late August, when managing director and chief economist Bevan Graham and head of clients Greg McMaster both announced their intention to step down in the immediate aftermath of the controversial Mr Pahari’s demotion. Portfolio manager Kristen Le Mesurier – who had responsibility for the Ethical Leaders Balanced Fund – also stepped down in the same period, and has since landed at Platypus Asset Management.
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