AMP Capital CEO to retire after 20 years service

By AMP Capital media team

AMP Capital CEO Stephen Dunne has announced that he will retire from AMP Capital later in the year, after 12 years as Chief Executive Officer of the diversified investment manager.

AMP Chief Executive Officer Craig Meller acknowledged Stephen's substantial contribution to the company since joining AMP in 1994.

"Stephen has led AMP Capital through a period of considerable change in the sector both globally and domestically over the last ten years including the strategic alliance with Mitsubishi UFJ Trust and Banking Corporation (MUTB) in 2012 and the long relationship with China Life Insurance Company.

"AMP Capital has strong growth and investment returns driven by the internationalisation of the business with a reputation for its infrastructure and property investment capabilities that puts the customer at the centre of everything they do," said Craig Meller.

A global search is underway to identify an executive to lead the specialist investment manager which manages over $160 billion across a range of asset classes including equities, fixed interest, property and infrastructure.

AMP Capital is responsible for AMP’s investment management, investment performance and Asian expansion.

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Important notes

While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455)  (AMP Capital) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This article has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of AMP Capital.

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