AMP gets another banker
AMP has recruited a Westpac executive to head up its AMP Bank division.
The company announced this week that it had appointed Westpac’s head of customer solutions and integration for working capital and trade Michael Lawrence as managing director of AMP Bank.
Lawrence will be succeeding Stephen White in the role, with White retiring from AMP in December after 42 years with the company.
Lawrence will start with AMP in late November. He has previously worked at National Australia Bank.
AUTHOR
Mike Taylor
Recommended for you
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”.
Advice licensee Centrepoint Alliance has acquired the financial advice book of superannuation fund Brighter Super and will become the preferred partner to provide advice to its members.
The association has expressed its support for the Opposition’s commitment to making financial advice a “national priority”, alongside its bold target of reaching 30,000 advisers.
Australian investors are increasingly turning to financial advisers as their top source of information, with more than a third using them for investment guidance.
