AMP to centralise business services for efficiency
AMP has announced it has made changes to its teams to centralise some business services within its investments and banking divisions across AMP and AMP Capital.
In a statement to Money Management, an AMP spokesperson said: “Our focus is on continuing to reshape the organisation to drive efficiency and support the delivery of AMP’s strategy to become a simpler, client-led organisation”.
While AMP could not confirm whether there would be any redundancies or when if any, it said it looked to be a more efficient organisation by bringing the human resource, legal function, and finance teams together to be a more centralised group.
AMP noted that it was looking at a range of opportunities to drive that efficiency and some of these opportunities would likely impact roles.
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