AMP chief executive Craig Meller said the new group structure delivers "sharper focus on performance in the core Australian businesses, drives efficiency across the group and provides increased emphasis on the growth drivers in the portfolio"
Under the changes Jack Regan becomes Group Executive, Advice and New Zealand.
While he retains his roles as managing director of New Zealand Financial Services he will now be responsible for advice across Australia and New Zealand.
"Regan will lead the largest adviser network in Australia, which includes AMP Advice, AMP Financial Planning, AMP Horizons Academy and practice, Hillross and Charter Financial Planning."
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