Australia’s AMP Capital Investors has plucked Rob Verrion, a former chief executive of one of its portfolio investments, to become European chief executive of infrastructure asset management, the firm revealed today.
AMP, which entered the Europe market in 2004 via the buyout of Wales & West Utilities, said Verrion would begin the role from the firm’s London office in November.
Verrion was appointed as chief executive of train rolling stock firm Angel Trains’ UK business following a £3.6 billion takeover of the group in August last year by a consortium involving AMP, the Babcock & Brown European Infrastructure Fund, Deutsche Bank, funds advised by Access Capital Advisers, and the Public Sector Pension Investment Board.
He stood down earlier this year.
Prior to joining Angel Trains, Verrion advised private equity funds on infrastructure investments.
His resume includes a stint as chief operating officer and director of Transco, where he was responsible for the safety, operations and financial results of the UK gas distribution business, and managing director of National Grid’s gas distribution division.
AMP’s other European investments include airports operator BAA, Hungarian joint venture Kenyeri Hydro and Compania Logistica de Hidrocarburos in Spain.