Melinda Howes will leave her post as chief executive of The Actuaries Institute at the beginning of November to take up a corporate role with AMP.
Speaking of her decision to leave the position, Howes said she had planned to stay with the institute for 3-5 years and had now held the role for almost four.
“I like fixing things so I think they are in pretty good shape now, and it felt like time to pass on the mantle,” she said.
Howes’ position with AMP will traverse strategy and business operations, she said.
"On behalf of the members, Council would like to thank Melinda for her enthusiastic, passionate, and very valuable contribution to the actuarial profession," the Actuaries Institute said in a statement.
Howes was the chief executive of The Actuaries Institute from February 2010, following a stint as the director of policy and industry practice at the Association of Superannuation Funds of Australia (ASFA). She holds numerous director positions including on the board of Australian Reinsurance Pool Corporation and Outcomes Australia.
Howes also spent 11 years as director of superannuation and retirement products at BT Financial Group.
The recruitment process is currently underway for Howes replacement.