Corporate super role for Roy at AMP

The shake-up within AMP’s superannuation business is continuing, with Libby Roy appointed as director of corporate superannuation.

Roy was previously general manager of financial planning AMP-owned Ipac before taking on the role of acting-managing director of self-managed superannuation fund (SMSF) provider Multiport.

She will report to AMP Financial Services managing director Craig Meller.

Roy is currently on leave before starting in the new role on July 30 and was not available for comment.

The announcement follows the formation of AMP’s newly formed business unit, AMP SMSF, and the appointment of Craig Jameson as director of business operations with immediate effect.

Roy (right) will be responsible for driving AMP’s corporate-super strategy and will work closely across all areas of the business including sales, distribution, marketing, product, pricing and investments.

“Libby brings extensive experience in the financial services industry to this role and we are pleased to have her driving our corporate superannuation business,” says Meller.

“It is a particularly critical time as the industry prepares for a wide range of changes – including the introduction of MySuper default options for superannuation.

“We want to ensure we are well placed to implement these changes successfully for our business and customers.”

AMP’s corporate-super team previously reported to strategic marketing and sales.

Roy has more than 17 years’ experience across a number of industries in Australia and the United States, most recently as acting-managing director of Multiport.

Prior to that, as general manager of financial planning at Ipac, she was responsible for the firm’s in-house and equity-partner network of approximately 150 advisers, with more than $5 billion in funds under advice.

Former Multiport managing director and founder John McIlroy left the business in June.

AXA Australia purchased Multiport in 2009 and became part of AMP Group in 2011 following AMP’s merger with AXA Asia Pacific.