On Friday, the company confirmed that Michael Hirst will join the board as an independent non-executive director starting from 1 July.
Mr Hirst has over 40 years’ experience in board and senior executive leadership roles, including serving as the chief executive of Bendigo and Adelaide Bank from 2009-18.
“Mike is a respected business leader who will bring significant breadth of experience and insight to the AMP Board,” AMP chair, Debra Hazelton, said.
“As the CEO of Bendigo and Adelaide Bank Mike led and grew the business in a highly challenging and competitive environment with a clear focus on people and clients.
“His detailed knowledge of Australia’s retail banking and wealth environment, as well as his broad sector experience as a non-executive director, including innovative fintech start-ups and across Government, will be invaluable.”
Mr Hirst has also previously worked in senior executive roles with Colonial and is currently a non-executive director of AMCIL Limited and private health insurer, GMHBA Limited.
At least he won’t have to try hard to do better than his predecessors.
Mike Hirst? You’ve got to be joking.