AMP appoints Melinda Howes to head super & investments
AMP has announced the appointment of Melinda Howes as its new group executive superannuation and investments and member of the group executive committee.
Howes, who will commence her new role in January, 2024, is currently a partner in KPMG’s superannuation and actuarial practices and prior to this she was BT Financial Group’s Managing Director/ General Manager, superannuation between 2014 and 2021.
At AMP, she will lead its combined Superannuation-Master Trust and Investments businesses and drive the strategy for AMP’s super business while overseeing investment performance and management.
The group said Howes’ appointment followed an internal and external search, and the appointment in July of Edwina Maloney to group executive, platforms and Matt Lawler to group executive, advice.
“Melinda is a highly respected leader in the superannuation industry and will be able to build on the significant work we’ve undertaken in recent years to simplify and strengthen our offer for members,” AMP chief executive, Alexis George, said.
“She joins at pivotal time for our industry, as we come together with Government and regulators to ensure we do more to provide Australia’s growing number of retirees with the financial confidence to spend and enjoy their savings in retirement.”
Hopefully she can get another job before the ship sinks. It will be a great day when AMP is gone permanently.
A great day for who? The thousands of staff? The hundreds of thousands of customers? The millions of shareholders?
I doubt they have thousands of staff. They run extremely lean now. Just ask the practices that expect licensee services from them.
And as to the millions of shareholders. Long suffering and wondering why they didn’t sell the shares years ago.
You realise that the advice business is probably their smallest division. They have a bank, two super funds, and a number of overseas businesses like AMP NZ.