AMP CEO retires immediately
AMP chief executive Craig Meller has brought forward the resignation announced for end of 2018, stepping down immediately in light of evidence of misconduct uncovered by the royal commission.
by Reporter - April 20, 2018 16 comments
In a statement AMP announced a number of measures in light of the revelation that it had lied to ASIC more than 20 times among other acts of misconduct.
Advertisement
Advertisement
AMP non-executive board director Mike Wilkins has been appointed acting CEO and will chair a review of the institution's advice business and governance issues.
Follow live as the royal commission financial advice hearings continue today: https://www.ifa.com.au/strategy/25404-royal-commission-financial-advice-hearings-live-blog
16 commentsjoin the conversation
related articles
latest news
Westpac unable to estimate fee for no service impact
Westpac says it has not yet been able to estimate its remediation costs around i...
Cashwerkz partners with advice firm
Online cash investment platform Cashwerkz has announced a new partnership with a...
Licence conditions on Morgans Financial removed
Morgans Financial is now able to operate as a normal advice licensee after it im...