Carmel Hourigan leaves GPT to head AMP Capital property

Posted by Anton Murray Consulting on 11 Sep, 2015

Carmel Hourigan has resigned as GPT chief investment officer to become global head of property at AMP Capital, taking responsibility for the company’s $19 billion property investment and management business.

Ms Hourigan replaces Adam Tindall, who will become managing director when Stephen Dunne retires in October.

“I am very pleased Carmel will be joining AMP Capital’s leadership team and heading our significant property business,” Mr Tindall said.

“Carmel is a property investment professional of the highest calibre and is highly regarded by those in the property and funds management industries.”

Ms Hourigan has more than 20 years’ experience in property and funds management, and has held MD, CEO and CIO positions in both public and private markets. She has served in senior positions at Lend Lease, Challenger and Colonial First State, and is currently the vice president of the Property Council of Australia.

“I am excited to be joining AMP Capital, which has a strong heritage in funds management and providing compelling property investment opportunities,” she said. “I was attracted by the strength of the people, platforms and assets and look forward to building upon the underlying quality of the property business and taking it to the next level.”

Ms Hourigan had been tipped to become GPT chief executive before Australand’s Bob Johnston was given the job.

Mr Johnston said Ms Hourigan had been instrumental in GPT’s success over the past three years.

“Carmel has done an excellent job at GPT and this is a great opportunity for her to continue her leadership in the property sector,” he said. “She leaves the company with our support and best wishes.”

Ms Hourigan’s last day in the GPT office will be Friday 18 September, and she will take up the global head of property position in early November.

The Fifth Estate

Latest market insights

Is there merit to bitcoin usurping gold allocations?

› Read more

Why fund managers need to adapt skills for competitive edge with AI

› Read more

Chair of $160bn fund appointed Australia’s new governor-general

› Read more

Perpetual welcomes new lead partner for wealth management business

› Read more

BlackRock advocates active management in new economic regime

› Read more

X feed

Our client is a large, diverse financial services firm seeking a Trading Desk Applications Support Specialist. This role will be hired on an initial 9 – 12-month contract:

We are seeking experienced candidates for a role which is responsible for the day-to-day compliance and tax reporting obligations of our client’s group in Australia and New Zealand:

Our client is a global financial institution seeking a dealers assistant to join their Australian wealth management/stockbroking department servicing their HNW clients in Adelaide:

We are seeking proactive and personable candidates with administrative experience who are interested in forging a career within financial services and property:

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy