AMP Limited seeks new chairman
AMP Limited is seeking a new chairman following the announced retirement of Simon McKeon.
The company has announced to the Australian Securities Exchange (ASX) that McKeon will retire at the conclusion of the AMP Limited annual general meeting in May, with John Palmer agreeing to become interim chairman until a permanent appointment is made.
The announcement said that, as a result of this decision, Palmer would be postponing his own retirement from the board until a new chair was in place.
McKeon said that his departure had been prompted by "a change in my circumstances".
He had been chairman for three years.
Palmer has been a member of the AMP Limited board since July, 2007.
AUTHOR
Staff Writer
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.
