AMP appoints new Financial Controller

25 September 2014
For immediate release

AMP appoints new Financial Controller

Leading life insurer and retirement savings provider, AMP has today announced the appointment of Nikki Fowler as its new Financial Controller. Nikki’s role is effective immediately and is based in the Auckland office, whereby she is responsible for overseeing the accounting and business performance function of AMP Financial Services.

Nikki joins AMP from BNZ, where she worked for 17 years, most recently as the Divisional CFO for the business bank and previously as Financial Controller. She played a key part in many transformational projects during this time, such as SAP general ledger implementation, transition to International Accounting Standards, re-building a Finance team in NZ, introduction of Business Excellence within Finance, implementing reconciliation tools, and helping drive World Class Finance and People agendas. Throughout her career Nikki has been a champion of diversity, working with FINSIA to establish the FINSIA NZ Women in Finance group across the financial services industry.

Commenting on the appointment, Simon Hoole, AMP’s Chief Financial Officer says: “I’m delighted to welcome Nikki on board and she brings a considerable wealth of experience to the finance team. Nikki will be a key membership of my leadership team as we continue to drive the business forward.”

About AMP

• AMP is a leading wealth management and insurance provider in the New Zealand marketplace and has been supporting the financial welfare of customers for 160 years

• Our customers hold more than 870,000 investment, savings and insurance products

• AMP has one of the largest networks of advisers in New Zealand

• AMP is the only default KiwiSaver provider with both a ‘silver’ rating from Morningstar and a 5 Star Canstar Award

• AMP has more than 258,000 KiwiSaver Scheme members and more than $3 billion funds under management, equating to around 16% market share

• We’ve awarded more than $1.8 million in the last 16 years through our AMP Foundation

•In 2013 we:

o helped more than 1,800 kiwis buy their first home through KiwiSaver

o paid out $46.75 million in general insurance claims

o supported approximately 73,000 New Zealanders who were unable to work because of an injury or illness by paying out nearly $9 million in income protection insurance

o wrote $644 million in new mortgages, and

o provided advice over the phone to more than 150,000 New Zealanders – more than 400 people per day.

ENDS

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