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AMP Capital has appointed John Patrick (JP) Moorhead as its new Chief Financial Officer and Chief Operating Officer.
Mr Moorhead replaces Margaret Payn, who is returning to the UK for family reasons after five years at AMP Capital. Ms Payn will transition her responsibilities to Mr Moorhead when he joins AMP Capital on 30 April 2018 in London. Mr Moorhead will relocate to Sydney in June.
Mr Moorhead was most recently the London-based COO of Eight Roads, the investment arm of Fidelity International. He previously spent 11 years at Virgin Group in Sydney, London and Geneva where he held a variety of positions including Group CFO, Group Corporate Finance Director and Investment Director. Mr Moorhead also has extensive investment banking experience in London and Sydney.
AMP Capital CEO Adam Tindall said: “I’d like to thank Margaret for her outstanding contribution to AMP Capital as CFO and COO. She has been instrumental in helping us to grow internationally and leaves our business in great shape.
“We are fortunate to have found in JP a worthy successor, reflecting the momentum in our business. JP’s deep knowledge of capital markets and his international experience are an ideal fit for AMP Capital as we continue to execute on our global growth strategy.”
Mr Moorhead will replace Ms Payn on AMP Capital’s responsible entity and trustee boards including the AMP Capital Funds Management Limited and AMP Investment Services Pty Limited boards.
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About AMP Capital
AMP Capital is a specialist investment manager with A$178.9 billion in funds under management as of 30 June 2017 and more than 250 investment professionals. AMP Capital has a heritage and strength in real estate and infrastructure, and specialist expertise in fixed income, equities and multi-asset solutions. It is a subsidiary of AMP Limited, which was established in 1849, and is one of Australia's largest retail and corporate pension providers.