AMP Capital promotes new CEO

AMP Capital has promoted Boe Pahari to CEO. The move follows the announcement that Adam Tindall will retire after five years in the role.

Pahari joined AMP in 2010 and is currently the global head of infrastructure equity and director for the UK, Europe, and the Americas. Before joining AMP, Pahari spent time with Citigroup, CBA, and Dutch bank ABN AMRO in North America, Europe, and Asia.

"Boe has led the international expansion of our Infrastructure Equity business over the past six years, demonstrating his capability and strategic acumen," said AMP CEO Francesco De Ferrari. "As incoming CEO, Boe's mandate will be to continue to grow the business, capitalising on its strengths and the opportunities in infrastructure and real assets."

Pahari said he's honoured by the appointment. "We have substantial scope to expand globally, further leveraging our strengths, particularly in infrastructure and real assets. I'm firmly focused on ensuring AMP Capital maintains the unwavering commitment to clients it has had under Adam's leadership, and continues to adapt to deliver the investment capabilities they need. I'm looking forward to getting started."