AMP has promoted Debbie Alliston to chief investment officer of its $62 billion multi-asset funds as the embattled wealth manager continues its leadership overhaul following its royal commission drubbing.
Ms Alliston assumes the role from Sean Henaghan, who is taking a 15-month sabbatical.
She will be responsible for teams within AMP's multi-asset group delivering tailored investment including asset allocation and portfolio construction.
Global head of public markets Simon Warner said Ms Alliston is ideal for the position following seven years managing multi-asset portfolios.
"Debbie has an excellent understanding of the business and how we can execute our strategic priorities in a dynamic market," Mr Warner said on Thursday.
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Ms Alliston will report to Mr Warner, who was appointed head of its freshly formed public markets business from October last year.
AMP recently reported full-year profit dropped 97 per cent, to $28 million, after the firm set aside millions in remediation for its wrongdoings.
At 1048 AEDT, AMP shares were 2.0 cents, or 0.84 per cent, higher at $2.39.
