AMP Ltd’s self managed superannuation funds (SMSF) business, SuperConcepts has taken a hit with the resignation of its chief executive, Natasha Fenech.
The group announced today that Fenech, who had been leading the business since 2014, would be departing in May, 2019, unless a successor was available prior to that date.
“Natasha’s results speak volumes about the five-year strategic plan she enacted, which included the transformation of the Company to a significant player in the SMSF industry moving from one per cent market share, to become a market leader servicing over 10% of SMSFs,” SuperConcepts chair, Richard Grellman, said. “She leaves us with a proud legacy and in solid shape for the next growth phase.”
Fenech joined SuperConcepts from Suncorp where she was executive general manager, Personal Insurance Customer, Product and Pricing.
Fenech is a non-executive director of financial technology investment platform, Macrovue.