Former Herbert Smith Freehills partner joins AMP Capital boards

PETER ROWE
AMP Limited - Independent Director - AMP Capital RE and Trustee boards
APPOINTMENT
AMP Limited
AMP LIMITED
Date: July 2017
Position: Independent Director - AMP Capital RE and Trustee boards

AMP Capital has announced that Peter Rowe will join its responsible entity (RE) and trustee boards as an independent director, effective 28 July 2017.

Rowe is a retired solicitor and former partner at Herbert Smith Freehills and has 40 years' experience in the financial service sector. At Herbert Smith Freehills, he led the financial services division and established the firm's securitisation practice before retiring in July 2011 after 22 years as a partner. He remains as a consultant to the firm. Rowe currently serves as chair of the AMP Capital Managed Investment Schemes Compliance Committee and was previously the chair of the AMP Capital China Growth Fund Advisory Committee.

Rowe will join the the AMP Capital Funds Management Limited (AMPCFM) and AMP Investment Services Pty Limited (AMPIS) boards alongside fellow new appointees, former Investa Office Fund portfolio manager, Ming Long, and former Suncorp banking and wealth chief executive, John Nesbitt, who has been appointed as chair of the boards. They will serve alongside executive directors, Adam Tindall, AMP Capital CEO, and Margaret Payn, AMP Capital CFO and COO.

Commenting on their appointments, Tindall said he was delighted to welcome Long, Rowe and Nesbitt to the boards.

"All three have a wealth of industry experience and will enhance the governance of our domestic investment offerings while allowing for increased independent oversight."

Long, Rowe and Nesbitt have also been appointed as members of the AMPCFM and AMPIS audit and risk committees and will serve as the three external members of the reconstituted Managed Investment Schemes Compliance Committee for AMP Capital's other REs, ipac Asset Management Limited and National Mutual Funds Management Limited.