Fenech exits AMP’s SuperConcepts

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.”

Related News:

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.




Related Content

Future Fund could leave workers $124,000 worse off

Following recent speculation that the Future Fund could be designated as a public offer super fund as a default fund, a former Treasury official has f...Read more

Quarterly super payments costing workers $225 million

Industry Super Australia (ISA) has continued its campaign for superannuation to be paid more frequently, saying that Australians are missing out on ar...Read more

89 funds earn top Heron rating

The overall quality of Australian superannuation funds and products is continuing to improve, according to the latest Heron Partnership Quality Star R...Read more

Author

Comments

Add new comment