AMP Capital appoints CFO/COO

AMP Capital has appointed John Patrick (JP) Moorhead as its new chief financial officer and chief operating officer.

Moorhead replaces Margaret Payn, who is returning to the UK for family reasons after five years at AMP Capital. Payn will transition her responsibilities to Moorhead when he joins the firm on 30 April 2018 in London. Moorhead will then relocate to Sydney in June.

Moorhead was most recently the London-based COO of Eight Roads, the investment arm of Fidelity International. Previously, he 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.

Commenting on JP's appointment, AMP Capital CEO, Adam Tindall, said: "We are fortunate to have found in JP a worthy successor [to Margaret Payn], 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."

Moorhead will replace Payn on AMP Capital's responsible entity and trustee boards, including the boards of AMP Capital Funds Management and AMP Investment Services.