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AMP reshuffles real estate leadership team

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amp
Reporter 2 minute read

AMP Capital has announced the appointment of three new members to its real estate leadership team including a new chief operating officer.

The investment management division of the financial services giant has appointed Kylie O’Connor to the role of chief operating officer, real estate.

Ms O’Connor will be responsible for the group-wide functions of AMP Capital’s real estate division, which includes finance, strategy, research, governance, risk and compliance, sustainability, business platforms and corporate marketing and communications.

The new appointee most recently served as fund manager for AMP Capital’s Diversified Property Fund (ADPF).

Ms O’Connor will commence her new role as COO upon completion of an internal and external recruitment search for a new funds manager.

“Ms O’Connor has done an outstanding job to identify and unlock value for ADPF clients, while demonstrating the strategic, systemic and enterprise thinking required for her new role as COO,” a statement from AMP Capital read.

Further to Ms O’Connor’s appointment, AMP Capital has announced the appointment of Merran Edwards to the new role of head of international strategy, real estate, effective immediately. 

“Ms Edwards was instrumental in AMP Capital’s investment into US-based real estate investment manager PCCP, and this new role will harness her experience to explore and create new opportunities in key markets while leveraging our strategic partnerships,” AMP Capital noted. 

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Moreover, AMP has announced that managing director of office and industrial Luke Briscoe will assume a broader role with accountability for office and mixed-use development, effective immediately. 

The financial services provider has said that the change aligns with AMP Capital’s integrated management model and includes the delivery of office developments such as the Quay Quarter Sydney project. 

Commenting on the three appointments, AMP Capital’s global head of real estate, Carmel Hourigan, said: “I’d like to congratulate Kylie and Merran on their appointment to these important roles. Both have demonstrated unwavering focus and dedication to creating value for our clients.

“I’m confident these changes support our continual focus on delivering outstanding investment experiences and our aspiration to maximise opportunities for our clients. The changes align to our ambitious international and domestic growth strategy and also demonstrate the strong talent pipeline and succession planning of our people.”

[Related: Rate hike would be a ‘major policy mistake’: AMP]

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