AMP Capital has announced the retirement of one of the longest-serving members of its leadership team: Director and Chief Investment Officer, Property, Andrew Bird.
Mr Bird will retire in 2015 after a 37-year career in the property industry in the UK and Asia Pacific. He has been responsible for AMP Capital’s property investment and management business since 2004. Mr Bird will be replaced by Adam Tindall, who has been promoted from his current role of Chief Operating Officer, Property.
AMP Capital CEO Stephen Dunne paid tribute to the significant contribution Mr Bird has made to AMP Capital during his many of years of service to the business and as an integral member of the AMP Capital leadership team.
“Under Andrew’s stewardship, AMP Capital’s property business has flourished, growing funds under management to A$17.7 billion. He has delivered strong investment performance to our clients both in Australia and internationally. Together with reshaping our investment offering and activating our A$5 billion development pipeline, he leaves the property business in great shape,” Mr Dunne said.
“I am delighted to appoint a worthy replacement for Andrew from within AMP Capital. The promotion of Adam Tindall to the leadership team reflects the deep talent that exists within AMP Capital as well as the strength of our succession planning strategy.
“Adam has 28 years’ experience in property including five years at AMP Capital where he has proven to be a talented leader. As Chief Operating Officer for the property team, he has a deep understanding and knowledge of the business, our clients and stakeholders and this will ensure a seamless changing of the guard when Andrew retires. I look forward to working closely with Adam as we continue to position our business for future growth.”
Mr Tindall will take over as Director and Chief Investment Officer, Property, in March 2015 after a planned transition of responsibilities.