tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Saturday, June 15th, 8:37PM

People

rss
People

AMP appoints new chairman

AMP has hired former Commonwealth Bank head David Murray as its new board chairman.

Thursday, June 21st 2018, 10:40AM

Its chair and several board members resigned in the wake of revelations of poor conduct brought to light by Australia's Royal Commission.

Mike Wilkins, AMP’s interim executive chairman, will return to the role of acting chief executive.

Wilkins will remain in this position until the transition to a new CEO at which time he will return to his role as a non-executive director of the board.

Murray said: “I am pleased to today begin the task of rebuilding AMP as chairman, working with the board and management to restore trust in the company.

“AMP plays an important role in the Australian financial system, serving more than 3.8 million customers with products and services that are vital to the functioning of our economy.  Our business has undoubtedly been challenged by recent events but the board will set the tone from the top as we drive change across the business.

“My immediate focus will be on renewing the board and strengthening our governance framework.  Remediation of customers and rebuilding relationships with regulators will also be priorities.

“On behalf of the board, I would like to thank Mike Wilkins for his leadership and his commitment to the company in stepping in as executive chairman over the past two months.  I’m looking forward to working with Mike as we take up the challenge of reinvigorating AMP."

Tags: AMP

« Salt appoints chief operating officer.Trustees Executors adds a new director and still searches for a chairman »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Slideshow

Thursday, June 20th 2024
AML/CFT regulatory changes webinar
Nationwide

Tuesday, July 23rd 2024
Brightstar 20th Annual Financial Markets Law conference
Auckland

Tuesday, July 23rd 2024
Quotemonster Roadshow 2024 - Taupo
Waikato

Wednesday, July 24th 2024
Quotemonster 2024 - Tauranga
BOP

Thursday, July 25th 2024
Quotemonster 2024 - Hamilton
Waikato

Tuesday, July 30th 2024
Quotemonster 2024 - Auckland West
Auckland

Wednesday, July 31st 2024
Quotemonster 2024 - Christchurch
Canterbury

Thursday, August 1st 2024
Quotemonster 2024 - Invercargill
Southland

Tuesday, August 6th 2024
Quotemonster 2024 - Auckland Central/East
Auckland

Wednesday, August 7th 2024
Quotemonster 2024 - Napier
Hawkes Bay

MORE»

News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com