AMP bolsters North’s operations with new leadership team hires

AMP has appointed several new hires, including Sharyn Baker as director of operations, Mike Way as director of strategy and transformation, and David Hutchison as general manager of managed portfolios and investments, with all three reporting to AMP group executive of platforms Edwina Maloney.

Prior to joining AMP in this newly created role, Baker most recently worked at BT for more than eight years, more recently as the head of service and operations. Over her almost two decades in the financial services industry, Baker also held roles at MLC Australia, NAB, and Capability IQ.

Mike Way was appointed to his new role earlier this year, leaving behind his role at Deloitte to take on the newly created position for AMP in April. Way also brought with him a wealth of international experience ranging from 11 years at Deloitte UK to global head of change and implementation at HSBC in Paris, to then touchdown in Australia to join Westpac in 2019.

Hutchison started his new role with AMP in September, coming from NMG Consulting where he spent eight years as the principal consultant and then partner. Prior to this, he held a number of roles across the financial services industry, including head of wealth at Patersons Securities, head of product, marketing and technical at Challenger, as well as roles across MLC.

Speaking on the announcement, Maloney said the new hires represent a new step for North as they continue to develop its offerings and strengthen ties with financial advisers.

“I am excited for Sharyn, David and Mike to bolster our bench strength at North, as we continue to drive our strategy and transformation plans with a strong focus on product leadership and client servicing of the highest calibre,” Maloney said.

“Part of our platforms strategy is to bring the right capability into our business that will help us turn strategy into action and drive an agile delivery approach to transformation.

“Our new hires bring broad market experience and are all keenly aware of the strength of our North offer. The next step will be to continue to build on North’s market-competitiveness, extend our adviser footprint and drive greater awareness of North’s leading functionality.

Maloney added: “We have an exciting opportunity to continue to drive innovation through North, differentiating through market-leading retirement solutions like MyNorth Lifetime for both existing and new customers.”