Peeyush Gupta will step down from his post as chief executive of ipac next month.
Gupta, who was also head of advice for Axa, will be replaced in the top job by Neil Swindells.
As well as assuming the chief duties, Swindells will oversee Axa’s advice businesses in Australia and Asia.
Prior to joining ipac, Swindells was a senior executive at Axa from 2000 to 2007 in the roles of general manager of distribution and general manager of product and marketing.
Swindells was a director of the boards of Axa’s advice businesses, including ipac, while at Axa. He continued to be a director on the Tynan Mackenzie board after he retired in 2007.
His appointment was part of a larger plan for ipac’s next period of growth, ipac executive chairman Arun Abey said.
The plan involves more closely integrating ipac Asia with ipac Australia. Previously ipac Asia reported directly to Axa entities in Asia.
“The incorporation of ipac Asia under Neil’s leadership will create a smoother experience for clients transferring between countries,” Abey said.
“The move also improves ipac’s ability to extract economies of scale from a more integrated business. We enter an era where ipac’s vision for growth in advice can be international in scale.”
Gupta was appointed chief in 1996.
