AMP’s tech boss Craig Ryman has been promoted to chief operating officer following a leadership restructure announced on Thursday. Ryman was appointed to the expanded role of group executive, technology and operations in November 2016. He had been CIO at the organisation since January 2015 and prior to that, he was IT director. He joined AMP in 1996 as a business analyst. AMP said on Thursday that the restructure will drive a transformation of the group this year. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe CEO Francesco De Ferrari said the new group structure delivers clear focus on the group’s immediate priorities: reinventing wealth management, executing a successful separating of the wealth protection and mature businesses, and driving change and efficiency across the company. Meanwhile, Alex Wade is the new group CEO for AMP’s advice, wealth management, product and customer solutions teams. Paul Sainsbury, currently executive, wealth solutions customer will remain with the group in the interim to support Wade during the transition to a single wealth division. Megan Beer will lead AMP Life through the separation and transfer to Resolution Life, which is expected in the second half of 2019 while Blair Vernon will lead AMP’s New Zealand advice and wealth operations. De Ferrari said in a statement: “2019 will be a year of significant transform for AMP and today’s appointments will drive change while retaining experience in our leadership team. “In Australian wealth management, I am confident that under Alex Wade’s leadership, we will be able to reinvent our wealth management business to better compete in the new regulatory environment. “Today’s changes establish clear accountabilities for a successful separation of the insurance and mature businesses this year and setting up the future direction of the new AMP.” Follow CIO Australia on Twitter and Like us on Facebookhellip;Twitter: @CIO_Australia,Facebook: CIO Australia, or take part in the CIO conversation onLinkedIn: CIO Australia Follow Byron Connolly on Twitter:@ByronConnolly Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe