Mint rolled into new group; former ANZ boss joins the team

Mint Asset Management has become part of its new diversified investment and wealth management group Amplifi Group which will be headed by a former ANZ executive.

Monday, April 11th 2022, 7:44AM

Fred Ohlsson has joined Amplifi as managing director after nearly two decades with ANZ, most recently as Melbourne-based group executive of ANZ’s Australia Division with responsibilities including retail and private banking.

Ohlsson has spent much of the past decade in New Zealand with ANZ in managing director roles with responsibility for retail, business banking and strategy. He left ANZ in 2019 and in the interim has been providing independent consultancy services to New Zealand and Australian companies.

Mint set up Amplifi Group with the goal of building "New Zealand’s pre-eminent independent wealth management group of companies."

Amplifi Group will provide New Zealand individuals and organisations access to high-value services and best-of-breed investment products. The group, which houses Mint Asset Management, will continue to grow organically and through acquisitions.

Rebecca Thomas, who is the largest shareholder in Amplifi remains chief executive of Mint Asset Management.

Ohlsson says he is "excited to see what we can do with the group based on the foundations established by Mint."

"It is unique because of the people – particularly the team and business Rebecca has built – and because of the opportunities for wealth management and wealth solutions in New Zealand and what we can do to help Kiwis save for their future.

“There are so many opportunities, and together Rebecca and I will be drawing on the capability that exists within the Mint and Amplifi teams to offer the market better solutions across the board.”

Thomas says “the investment and wealth management markets are becoming increasingly sophisticated, with a new breed of financial advisers and new regulatory framework creating opportunities that has led to the establishment of Amplifi Group. That we have attracted a leader of Fred’s calibre validates what the Mint brand and team have achieved in serving our clients.

“Our international expertise at a management level is a point of difference in the local market, and our global perspective helps inform our investment approach and ambitions for our clients. We are not giving Kiwis what they’ve already got.”

Tags: Mint Asset Management