Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

AMP recruits CBA’s Whistleblowing specialist

2 September 2019
| By Mike |
image
image image
expand image

AMP Limited has recruited a former Commonwealth Bank specialist executive as its new dedicated Group Whistleblowing Officer.

AMP said it had appointed Anne-Marie Paterson to the role as part of a $100 million investment over two years in strengthening risk governance and controls.

Paterson is a senior lawyer who has been recruited by AMP from CBA where she was executive manager and Whistleblower Investigation Officer.

Commenting on the appointment, AMP Chief Risk Officer, Jenny Fagg said that risk had been placed at the core of AMP’s culture and further enhancing risk management, governance and compliance continued to be a key initiative under AMP’s new strategy.

“We have also made significant progress to overhaul our governance and organisational structures to create better independence and oversight of issues. Our activity has focused on improving policies, processes and systems and increasing the use of technology to create efficiencies.”

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 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

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 3 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. ...

2 weeks 3 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND