AMP has promoted Kavita Mistry to serve as the group’s next chief technology officer (CTO), filling the vacancy left following the announcement last month of Felicia Trewin’s imminent departure.
Mistry is currently head of technology for AMP’s wealth arm, alongside its digital and enterprise platforms, appointed to the role at the beginning of this year.
In a statement, AMP recognised Mistry’s “strong technology leadership experience within financial services and a depth of capability in building partnerships and leading high-performing teams”.
“Kavita has more than 20 years’ experience across a variety of technology roles specialising in financial services, including superannuation, investments, digital, data, lending, and corporate applications,” AMP said.
Prior to joining AMP, Mistry was co-acting-CTO and head of enterprise technology at AustralianSuper, serving more than three and half years in the latter role.
AMP noted her achievements at Australia’s biggest industry super fund, including her keystone roles in establishing and transforming technology capabilities across investments, member experience, cloud infrastructure, employee experience, data, CRM and enterprise technology assets.
Mistry was also a long-serving member of ANZ, notching up nearly 15 years with the big four, most recently as head of technology for the group’s business lending and home lending arms.
Commenting on her LinkedIn page, Mistry wrote she was “proud and humbled” to accept the new executive role at AMP.
“It’s been a big year for technology at AMP, which has seen us create a unified technology team and make solid progress delivering on our strategy,” she said.
“I’m excited to be leading the next phase of our technology transformation and to work closely with a highly talented, engaged, and customer-centric team that is aligned to AMP’s purpose of helping people create their tomorrow.”
AMP chief executive Alexis George said the financial services group was “delighted” with Mistry’s appointment to the business’s executive leadership.
“In her 12 months with AMP she has proven herself to be an excellent leader with a depth of capability in leading technology transformation.
“She is well placed to lead the team through this next phase of transformation as part of the executive committee.”
George also thanked the outgoing Trewin, noting her “focus on creating a unified technology team with a clear path forward” and work in “reshaping the technology function and building a depth of talent”.
Trewin served just over a year and a half with AMP in the CTO role, announcing last month she had accepted a new role as Medibank’s group lead – data & technology.