AMP Capital appoints independent chairman

AMP-Capital/chairman/ceo/board/Independent/appointment/

8 June 2018
| By Oksana Patron |
image
image image
expand image

AMP Capital has announced that John Nesbitt has been appointed as a new independent chairman of the AMP Capital Holdings board, replacing Vanessa Wallace.

At the same time, the company has seen Debra Hazelton joining the board as an independent director.

Nesbitt, who has more than 40 years of experience across many sectors, served most recently as the independent chairman of the boards of AMP Capital’s main responsible entity (RE) and trustee.

AMP Capital also announced changes to its main RE and trustee boards, with Ming Long being appointed as independent chairman of the boards, in which position she replaced Nesbitt.

Long is currently an independent director on the main RE and trustee boards and was chair of their audit and risk committees.

Following this, Bob McKinnon, a former chief financial officer and group technology executive with experience across several ASX-listed companies, was appointed as an independent director on the main RE and trustee boards and as a new chair of their audit and risk committees.

AMP Capital’s chief executive, Adam Tindall said: “I’m delighted to welcome John Nesbitt and Debra Hazelton to the AMP Capital board. They bring significant industry expertise that will support AMP Capital’s strategy to become a pre-eminent global investment manager.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 4 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

3 days 23 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 6 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo