AMP Capital has appointed Thomas Preising as a senior adviser to its infrastructure equity business, as it embraces technological innovation and seeks to harness infotech to streamline and enhance the operations of its global infrastructure assets.
Mr Preising was most recently the Global Business Operations Director for Apple, based in Cupertino, US. He had joined Apple in 2004 as the Operations Director for Apple Europe, before moving to Delhi as the Sales Director of Apple India. In other roles at Apple, he established its first office in the Middle East and led sales operations and planning for its Latin America business. Before joining Apple, Mr Preising had worked at Hewlett Packard for a decade. He began his career in infrastructure, working at US rail business Conrail and as an infrastructure Project Associate at McKinsey.
Mr Preising joins AMP Capital’s team of fifteen senior advisers which represent leading industry talent from across infrastructure sectors. The advisers provide insights to AMP Capital’s investment team and asset management team, a dedicated global team which oversees the operation and development of AMP Capital’s infrastructure assets. The asset management team work with the senior advisers to ensure the sustainability and long-term profitability of AMP Capital’s infrastructure investments.
Based in Delhi, Mr Preising will bring his extensive experience of large-scale and efficient business operations in varied market environments, as well as his deep understanding of the tech industry and its growth.
Boe Pahari, Global Head of Infrastructure Equity, said: “Tom’s unique career and experiences will be a great resource for our teams, and his appointment reflects AMP Capital’s aim to be a global destination for talent. We are proud of our senior advisers, who bring exceptional talent and experience from diverse backgrounds to enhance our asset management capability, and we are particularly excited to look beyond the traditional boundaries of infrastructure and learn from a professional with experience of building one of the world’s most successful brands.
“The growth of technology in our lives has fundamentally changed the infrastructure landscape and this is reflected in our investments in towers, broadband, and looking forward, data centres. Infrastructure businesses across all sectors have much to learn from the technology industry. In recent years we have invested in improving technology at our assets to improve their efficiency and reliability. Infrastructure assets – particularly those with complex businesses, such as airports – will benefit from harnessing technological advances to serve them.
“While Tom will be working with us on global projects, we are delighted that his base will be our Delhi office. India is a growth market for us in 2019, offering interesting opportunities for global infrastructure investors in sectors such as telecommunications and infrastructure health, and Tom’s local market insights and business acumen make him a fantastic addition to our India team.”
This article has been prepared to provide general information and does not constitute 'financial advice' for the purposes of the Financial Advisors Act 2008 (Act). An individual investor should, before making any investment decisions, consider the information available in the relevant Product Disclosure Statement and seek professional advice. While every care has been taken in the preparation of this document, AMP Capital Investors (New Zealand) Limited and the AMP Group (together, 'AMP') make no guarantee that the information supplied is accurate, complete or timely and do not make any warranties or representations in respect of results gained from its use. The information is not intended to infer that current or past returns are indicative of future returns. The views expressed are those of the author and do not necessarily reflect those of AMP. These views are subject to change depending on market conditions and other factors.