FSC board appointment gives air of permanency to AMP’s Vernon

The appointment of Blair Vernon as acting chief executive of AMP Australia has taken on an air of permanency with his appointment to the board of the Financial Services Council (FSC).

While AMP Limited has yet to announce a permanent appointment to the Australian CEO role, the FSC announced that Vernon had been appointed to its board, noting that he brought more than 25 years’ experience in the industry.

Vernon joined AMP in 2009 and has held several senior executive roles before being appointed as managing director of AMP Wealth Management New Zealand in January 2017 becoming chief executive in February, 2019.

He was appointed acting CEO of AMP Australia responsible for the company’s Australian business, including its wealth management and banking divisions in August.

Vernon’s appointment followed the somewhat controversial departure of Alex Wade from the organisation.