AMP head of retail sales departs following restructure
AMP Limited’s head of retail sales, Stephen Craig, has departed the company following a restructure of the sales team.
An AMP spokesperson said the restructures occurred to create specialist roles more aligned to their wealth management and insurance businesses, and to bring their broker and adviser bank sales teams together.
The restructure had seen the departure of a small number of staff, including Craig.
The AMP spokesperson also said the restructure would allow the teams to develop a deeper knowledge of their respective product areas and better support advisers and brokers.
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.