To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionAMP Capital to become Collimate Capital
AMP Capital has changed its name as part of the de-merger process from AMP Ltd.
The new business will be called Collimate Capital when it lists on the Australian Securities Exchange in the second half of this year. Collimate is a scientific term that means to make rays of light perfectly parallel. It is a metaphor for alignment, clarity and precision.
The business is already well progressed in operating separately from AMP Ltd., with its own executive leadership team, board and strategy. Respected board director and executive Patrick Snowball was announced as chairman designate and Andrew Fay as deputy chairman designate of the de-merged business in October 2021.
