AMP has appointed Natasha Fenech as Managing Director of its SMSF business commencing February 2014. The newly created role will report to AMP Chief Customer Officer Paul Sainsbury who will continue to have portfolio responsibility for the AMP SMSF business unit.

Ms Fenech is currently with Suncorp as Executive General Manager, Personal Insurance Customer, Product and Pricing.

Mr Sainsbury said the new appointment, which will lead the AMP SMSF business unit, is important for the overall growth of AMP’s SMSF capabilities.

“We are delighted to have someone of Natasha’s calibre on board. Her leadership and business experience will be invaluable during a period of growth and development for AMP SMSF.”

Ms Fenech has been with Suncorp for seven years in a number of senior roles across personal and commercial insurance. Prior to her current role she was Executive General Manager, Commercial Insurance.

Prior to Suncorp, Ms Fenech held a number of financial services roles including Head of Corporate Planning and Analysis at Citigroup, Senior Management Consultant at A.T Kearney, and actuarial positions at Zurich Financial Services and Royal & SunAlliance.

Ms Fenech has a Bachelor of Economics and Bachelor of Mathematics from the University of Adelaide and a Masters in Business Administration from the Australian Graduate School of Management. She is a member of the Australian Institute of Company Directors and an Associate Member of the Institute of Actuaries of Australia.

The appointment caps off a big year for AMP SMSF which has continued to grow accounts under administration, and recently acquired SMSF administration business Supercorp Pty Ltd.