Mr Atkin, previously the CEO of Cbus Super for 12 years, will assume operational leadership of AMP Capital in an interim capacity until June 2021, while AMP continues its search for a permanent CEO to drive AMP Capital’s growth strategy.
Mr Atkin is a highly respected leader in Australia’s wealth and investment management sector with a demonstrated ability to lead change and deliver growth, including more than tripling funds under management during his time at Cbus.
Mr Atkin has led significant business transformations in previous roles including changing the investment strategy and substantially upgrading client technology. He has taken a leading role in sustainability and responsible investment within the superannuation industry in Australia, as well as globally.
Mr Atkin will report to AMP CEO Francesco De Ferrari who will continue in a dual role as AMP Limited CEO and Interim AMP Capital CEO, leading the strategic transformation of AMP and ensuring focus on the ongoing portfolio review.
AMP Chief Executive Francesco De Ferrari commented:
“David is a highly regarded leader within our industry, and I’m pleased we have been able to appoint an executive of his calibre into this interim role to help drive our transformation and deliver our strategy.
“Having led three major superannuation funds in the Australian market, David brings a deep knowledge and understanding of clients and their expectations. He has delivered improved and sustainable results in each of the organisations he has led and achieved respect through a values-based approach.
“David will bring his accumulated experience of wealth and investment management and of reshaping organisational culture, including expertise in building diverse and inclusive leadership. We are pleased he will join us immediately, strengthening AMP Capital’s leadership team as we implement our strategy.”
David Atkin commented:
“AMP Capital is a high-quality asset management business, which has earnt the respect of its clients around the world over many years. I look forward to supporting Francesco deliver AMP Capital’s transformation strategy and working with the highly capable team to take the organisation forward.”
David Atkin biography
David Atkin is an experienced CEO with a demonstrated track record of leading growth and transformation. He commenced his career in the superannuation industry in 2001, as marketing and communications manager of Superannuation Trust of Australia (STA), before joining Just Super in 2005 as Chief Executive Officer.
In 2006 David joined Emergency Services and State Super (ESS Super), a not-for-profit superannuation fund serving Victorian emergency services and state employees, as CEO. During his time at ESS Super, David drove and implemented a cultural change program and developed a strategy to grow its membership.
In 2008, David joined Cbus. Under his leadership, funds under management (FUM) increased from A$12 billion to A$55 billion and membership from 550,000 to 750,000. David led a transformation at Cbus, specifically the program of work developing the investment capability of the organisation and designed a fit-for-purpose, client-led approach.