AMP has announced a new addition to its group leadership team.
Effective Jan. 7, Alex Wade will join AMP as group executive of advice, replacing Jack Regan, AMP group executive of advice and New Zealand, who will retire from the company after nearly two decades of service. Wade will report to AMP CEO Francesco De Ferrari.
David Akers, who has been AMP’s acting group executive of advice while Regan has been on extended leave, will work with Wade to transition responsibilities and will return to the advice leadership team. Blair Vernon will continue as managing director of New Zealand.
Wade has significant experience in financial services in Australia, Singapore, and Hong Kong. He was most recently the head of developed and emerging Asia for Credit Suisse Private Banking. He has been with Credit Suisse for 12 years, holding other roles such as chief of staff for Asia Pacific and head of private banking for Australia.
Wade is a “talented leader and strategic thinker, who will bring valued experience and relationships to AMP’s advice business,” De Ferrari said. “The financial advice industry in Australia is in the process of renewal, and AMP and Alex will play a prominent role in driving this change.”
De Ferrari also thanked Regan “for his commitment to our advisers, customers and employees over his long service at AMP” and Akers “for taking on the role of acting group executive, advice, this