Former bank CEO appointed to AMP board

25 June 2021
| By Chris Dastoor |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago