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.”