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.”
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.