AMP wealth management distribution head moves to Challenger

Luke Cheetham
LUKE CHEETHAM
Challenger Limited - General Manager of Retail Distribution
DEPARTURE
AMP FINANCIAL PLANNING PTY LIMITED
Date: May 2020
Position: Head of Distribution, Wealth Management
APPOINTMENT
Challenger Limited
CHALLENGER LIMITED
Date: May 2020
Position: General Manager of Retail Distribution

Luke Cheetham has joined Challenger as general manager of retail distribution.

Cheetham has been the head of distribution for AMP wealth management since late 2017. He first joined AMP as a state sales manager in 2010. He became the head of sales for NSW/ACT in 2015.

AMP confirmed Cheetham's departure to Financial Standard however they said a replacement had not yet been appointed.

Reporting from Jamie Williamson at Financial Standard contributed to this story.