AMP says it will dissolve its Australian wealth management business structure by the end of the year as part of a broader restructure that will lead to a thinning out of the companys executive ranks.
The head of the Australian wealth management unit, Scott Hartley, will exit as the business is dissolved. Meanwhile, AMP chief financial officer Peter Fredricson, who just took on the role in January, will retire from corporate life and leave the company.
AMP will combine two executive roles and relinquish as part of a restructure.Credit: Scott Barbour
Fredricsons spot will be filled by Blair Vernon, AMPs group executive of transformation and New Zealand, on …
Read the full article at: https://www.smh.com.au/business/companies/amp-dissolves-wealth-management-structure-amid-executive-shake-up-20230529-p5dc1k.html
AMP says it will dissolve its Australian wealth management business by the end of the year as part of a broader restructure that will lead to a thinning out of the companys executive ranks.
The head of the Australian wealth management unit, Scott Hartley, will exit as the business is dissolved. Meanwhile, AMP chief financial officer Peter Fredricson, who just took on the role in January, will retire from corporate life and leave the company.
AMP will combine two executive roles and relinquish as part of a restructure.Credit: Scott Barbour
Fredricsons spot will be filled by Blair Vernon, AMPs group executive of transformation and New Zealand, on July 3, wi…
Read the full article at: https://www.smh.com.au/business/companies/amp-dissolves-wealth-management-unit-amid-executive-shake-up-20230529-p5dc1k.html