AMP chief risk officer, advice, resigns

Hot on the heels of the departures of its chief executive, group general counsel, chairperson and three directors, AMP has lost its chief risk officer, advice, with Pally Bargri resigning this week.

Announcing his resignation on LinkedIn, Bargri said that he did not have the energy and commitment needed by AMP at the moment, as the organisation responds to the fallout from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

“Having reflected very deeply about how I feel; what’s most important to me and why; I announced earlier … my resignation from AMP,” Bargri said.

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“When I think of where I’m personally at, and the energy and commitment the organisation needs from me now, I conclude that I have insufficient capacity to carry through the important task of navigating the days and months ahead.”

Despite the shadow currently cast over the company, Bargri was clear that he was proud of his time at the company.

“I am immensely proud of all that my teams and I have achieved, and the privilege and honour I’ve had of working with some intelligent, committed and loyal people,” he wrote on LinkedIn.

Bargri did not yet know where he would go next but said that he was looking forward to being with his two daughters while he contemplated that move.

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