Former bank CEO appointed to AMP board
AMP has appointed Michael Hirst as an independent, non-executive director to the AMP Limited board, effective from 1 July, 2021.
Hirst had over 40 years’ experience in board and senior executive leadership roles, and was chief executive of Bendigo and Adelaide Bank from 2009 to 2018.
Before that, he had senior executive roles within the bank, as well as with Colonial Limited.
He was currently a non-executive director of ASX-listed investment company AMCIL Limited, private health insurer GMHBA Limited, and chair of small-to-medium business lender fintech Butn.
Debra Hazelton, AMP chair, said Hirst was a respected leader who would bring a breadth of experience and insight to the AMP board.
“As the CEO of Bendigo and Adelaide Bank Mike led and grew the business in a highly challenging and competitive environment with a clear focus on people and clients,” Hazelton said.
“His detailed knowledge of Australia’s retail banking and wealth environment, as well as his broad sector experience as a non-executive director, including innovative fintech start-ups and across Government, will be invaluable.”
AUTHOR
Chris Dastoor
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
