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AMP appoints new head of distribution

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Reporter 1 minute read

The non-major bank has announced that it will bring in a new director to head up the third-party channel in April.

As of April, Adrienne Smith will leave her role as general manager for Bank of Queensland Broker and will join AMP, where she will be responsible for the adviser and third-party broker channels.

Ms Smith has more than 30 years’ experience in financial services, having first started her career in New Zealand where she ran Sovereign Home Loans managing the adviser and broker network.

In Australia, she has been the regional general manager for the Commonwealth Bank in Adelaide, responsible for 75 branches, before moving to lead the Commonwealth Bank’s third-party channel relationships in NSW and the ACT.

AMP Bank's group executive, Sally Bruce, said that Ms Smith would be an important contributor to the next stage of the bank’s growth.

“Enhancing and building our intermediated sales approach is critical for AMP Bank and our ambition to double our contribution to AMP over the next five years.

“Adrienne’s extensive experience managing third parties with a focus on driving the customer experience reflects her passion for the important role of advisers and brokers.

“We are delighted to welcome her to the team and to this newly created role.” 

[Related: AMP Bank announces executive’s departure]

AMP appoints new head of distribution
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