AMP Capital hires CFO of private markets

AMP Capital has recruited Nadine Lennie as finance chief for PrivateMarketsCo joining from Atlas Arteria where she had run the finance function since 2018.

PrivateMarketsCo is the new name for AMP Capital's private markets business.

At Atlas Arteria (formerly known as Macquarie Atlas Roads), she was a key part of the team to transition from Macquarie Bank's external management to an internal management model.

Before that, she was head of finance at Afterpay Touch Group and Touchcorp - overseeing the merger with Afterpay - and at Australian Pacific Airports Corporation.

Lennie also spent six years as director of infrastructure and timberlands at the Future Fund.

Earlier, she worked at Hastings Funds Management and PwC.

Lennie is also currently chair of the Victorian Government Purchasing Board.

"Nadine is incredibly well-regarded in the industry and I'm very pleased she is joining PrivateMarketsCo, said PrivateMarketsCo chief executive Shawn Johnson.

"Her recruitment further strengthens the leadership team, especially as Nadine brings valuable listed ASX experience ahead of the planned demerger in 1H 2022. I look forward to working with Nadine and the new board, led by chairman designate Patrick Snowball."

"We have made significant progress on separating the business from AMP Limited, to establish an independent, stand-alone global manager of infrastructure and real estate investments," he said.

Johnston said the two of them will be responsible for delivering PrivateMarketsCo's strategy to separate, simplify and broaden its client base and diversify investment capabilities.