AMP Capital appoints independent chairman

AMP-Capital/chairman/ceo/board/Independent/appointment/

8 June 2018
| By Oksana Patron |
image
image
expand image

AMP Capital has announced that John Nesbitt has been appointed as a new independent chairman of the AMP Capital Holdings board, replacing Vanessa Wallace.

At the same time, the company has seen Debra Hazelton joining the board as an independent director.

Nesbitt, who has more than 40 years of experience across many sectors, served most recently as the independent chairman of the boards of AMP Capital’s main responsible entity (RE) and trustee.

AMP Capital also announced changes to its main RE and trustee boards, with Ming Long being appointed as independent chairman of the boards, in which position she replaced Nesbitt.

Long is currently an independent director on the main RE and trustee boards and was chair of their audit and risk committees.

Following this, Bob McKinnon, a former chief financial officer and group technology executive with experience across several ASX-listed companies, was appointed as an independent director on the main RE and trustee boards and as a new chair of their audit and risk committees.

AMP Capital’s chief executive, Adam Tindall said: “I’m delighted to welcome John Nesbitt and Debra Hazelton to the AMP Capital board. They bring significant industry expertise that will support AMP Capital’s strategy to become a pre-eminent global investment manager.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS