AMP Capital names new APAC head as part of leadership changes

AMP Capital has made a number of changes to its leadership team including the promotion of Craig Keary, currently AMP Capital director of Australia and New Zealand, to the role of director, Asia Pacific.

In the new role, Keary will retain responsibility for Australia and New Zealand and assume leadership of AMP Capital's operations in Beijing, Hong Kong and Tokyo. Currently based in Sydney, Keary will relocate to Asia in the coming months.

In a statement outlining the other leadership changes, the firm said that Anthony Fasso, currently AMP Capital Director, Asia, and global head of portfolio strategy based in Hong Kong, will return to Australia and retain his portfolio strategy responsibilities and remain on the AMP Capital leadership team, based in Melbourne.

In addition, Simon Warner, head of global fixed income in Sydney, and London-based David Allen, global head of equities, have been elevated to the role of global chief investment officer (CIO) for their respective asset classes and will sit on the AMP Capital leadership team, reporting to CEO Adam Tindall.

Departing the firm is CIO, global equities and fixed income, Mark Beardow, who was promoted to the role in January 2014 following a restructure after the departure of CIO David Kiddie. Previously he was head of fixed income, having joined the firm's fixed income team in 1998.

Commenting on the changes, Tindall said: "Like any business, we need to continue to evolve our strategy to ensure we're delivering for our clients. AMP Capital is at an exciting phase of its growth towards becoming a pre-eminent global fund manager and these changes will help us reach that goal."