Murray and Pahari exit AMP

AMP-Limited/boe-pahari/debra-hazelton/departure/

24 August 2020
| By Mike |
image
image image
expand image

David Murray has resigned as chair of AMP Limited and Boe Pahari has stepped down as chief executive of AMP Capital. 

The company has announced the dramatic changes to the Australian Securities Exchange (ASX) which follow in the wake of controversy around Pahari’s appointment despite a harassment claim against him. 

AMP said that AMP Limited chief executive, Francesco De Ferrari would assume direct leadership of AMP Capital on an interim basis. 

It said that John Fraser would also be exiting the board with Debra Hazelton taking the chair. 

Pahari will resume his previous role within AMP Capital's infrastructure investment business.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 21 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5