AMP Capital appoints independent chairman
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.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.