Murray and Pahari exit AMP

AMP Limited boe pahari debra hazelton departure

24 August 2020
| By Mike |
image
image
expand image

David Murray has resigned as chair of AMP Limited and Boe Pahari has stepped down as chief executive of AMP Capital. 

The company has announced the dramatic changes to the Australian Securities Exchange (ASX) which follow in the wake of controversy around Pahari’s appointment despite a harassment claim against him. 

AMP said that AMP Limited chief executive, Francesco De Ferrari would assume direct leadership of AMP Capital on an interim basis. 

It said that John Fraser would also be exiting the board with Debra Hazelton taking the chair. 

Pahari will resume his previous role within AMP Capital's infrastructure investment business.

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...

3 weeks 4 days ago

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

1 month ago

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

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 5 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 9 hours ago