In a statement, AMP said it had appointed former Sunsuper CEO Scott Hartley as the chief executive of AMP Australia.
Mr Hartley, who headed the industry fund from 2014 to 2019, would report to AMP CEO Francesco De Ferrari and “lead the strategic transformation of AMP Australia”, the group said.
“Mr Hartley brings the valued experience of leading the transformation of Sunsuper’s culture, technology, investment, and multi-channel growth capabilities,” AMP said.
“This transformation enabled Sunsuper to grow its market share to become Australia’s fourth largest superannuation and retirement business, a highly regarded industry leader, and most importantly to deliver leading customer outcomes and experience.”
Mr De Ferrari said, “Scott has an excellent track record in transforming and growing wealth and investment businesses in Australia, and we’re delighted to welcome him to AMP.
“At Sunsuper he developed a collaborative and inclusive culture that drove the outstanding performance of the organisation. His appointment will strengthen our executive team as we drive forward our transformation of the business.”
Mr Hartley said, “I’m excited to be joining AMP at a pivotal time for the company.
“The business is in the midst of a transformation, to which I can bring my experience and capability.”
Mr Hartley had also led the corporate and institutional wealth business at MLC prior to his role at Sunsuper.
Hopefully he can bring his mates in and cut through the dead wood quickly. Scott was the CEO for my time at Sunsuper, and he was a very genuine guy. The culture was very good.
There’s a lot of dead wood to cut!
AMP what a massive failure of an organisation. Will never go near that place again no matter what spin they try and put on it.
That’s like being given captaincy of the Titanic at 6 minutes to midnight on that night!
How’s that roboadvice going?
Brave man to take this job. The regulator hates AMP, the general public hates AMP, many internal staff hate working at AMP, the majority of their clients hate AMP and their aligned advisers hate AMP. To top it off it is actively being shopped around for sale. Must have some good sign on bonuses and guarantees.
Well I don’t meet any of those criteria and I hate AMP too!
Popcorn ready …
If Hartley cant do it…. no-one can.