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2.2.2 The asset manager

The asset manager should be a senior manager within the organisation’s hierarchy, with defined responsibilities spanning across all asset management activities. In some cases, the role may be filled at an executive level with delegations for day-to-day asset management activities. This role should convene the asset management leadership team and recommend that the AMP, and its objectives, be adopted.

In terms of the model presented in Key responsibilities (see Section 2.1 and Figure 2.1), the asset manager should report to the asset owner, a corporate reporting line, and be responsible for ensuring that the service provider carries out the appropriate work on the asset. Asset management activity needs to be coordinated and directed as it is an important responsibility.