AMP takes step in board “reset”
In a step towards board renewal, AMP Limited has appointed John O’Sullivan as a non-executive director, effective June 20 this year.
O’Sullivan has over 40 years’ experience in the legal and financial services sectors, and was most recently executive chairman, investment banking and capital markets, of Credit Suisse Australia. Prior to this, he was general counsel of the Commonwealth Bank of Australia.
O’Sullivan would lead the board committee work around regulatory matters given his legal and regulatory risk functions.
Interim executive chairman, Mike Wilkins, said the appointment was part of the “reset” that was necessary to rebuild AMP as a stronger organisation.
“We continue to work towards appointing further non-executive directors as we strengthen and renew the AMP Limited board,” said Wilkins.
AUTHOR
Anastasia Santoreneos
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