AMP Capital chief executive Stephen Dunne will retire from the role after 12 years at the helm.
In a statement to the ASX, parent company AMP announced that Mr Dunne will depart the $160 billion fund manager later this year.
AMP CEO Craig Meller paid tribute to Mr Dunne and his “substantial contribution” to AMP since joining in 1994.
A global search is now underway for a replacement, the statement said.
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