The founder and managing director of self-managed superannuation fund (SMSF) provider Multiport will depart the company in June.
The AMP-owned company made the announcement regarding John McIIroy's employment future with the business in a statement yesterday.
Ipac financial planning general manager Libby Roy would replace McIIroy in an acting managing director capacity from 16 April, the statement said.
McIIroy had been a "driving force" in the development of the SMSF market, with Multiport responsible for more than $2 billion in funds under administration, the company said.
He would take a "short break after leaving Multiport and will then pursue other business activities", it said.
Roy joins Multiport from AMP-owned ipac, where she was responsible for the firm's in-house and equity partner network of about 150 advisers with more than $5 billion in funds under advice.
Prior to her time with ipac, she was American Express Travel general manager for the Asia-Pacific region.
She has also held a number of roles in financial services, including general management, marketing, product development and operations.
Axa Australia purchased Multiport in 2009 and became part of AMP Group in 2011 following AMP's merger with Axa Asia Pacific.
