AMP Limited seeks new chairman

appointments chairman amp

27 April 2016
| By Staff |
image
image
expand image

AMP Limited is seeking a new chairman following the announced retirement of Simon McKeon.

The company has announced to the Australian Securities Exchange (ASX) that McKeon will retire at the conclusion of the AMP Limited annual general meeting in May, with John Palmer agreeing to become interim chairman until a permanent appointment is made.

The announcement said that, as a result of this decision, Palmer would be postponing his own retirement from the board until a new chair was in place.

McKeon said that his departure had been prompted by "a change in my circumstances".

He had been chairman for three years.

Palmer has been a member of the AMP Limited board since July, 2007.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 2 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 2 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week ago

TOP PERFORMING FUNDS