AMP has appointed former Commonwealth Bank executive Debra Hazelton as a non-executive director.
Ms Hazelton, who has been local chief executive of Mizuho Bank in Australia and of Commonwealth Bank in Japan, will take up the position on June 15.
She is a non-executive director on the boards of Treasury Corporation of Victoria, Persol Australia Holdings and the Australia-Japan Foundation.
Ms Hazelton has been a non-executive director of AMP Capital since June last year, and will retain this position.
“Debra already understands our business and our work to reinvent AMP as a more streamlined, sustainable business with a high-quality client offering,” chairman David Murray said.
Trevor Matthews will retire from the AMP board on completion of the previously announced sale of AMP Life to London-based Resolution Life.
AMP’s annual general meeting is scheduled for May 2, when it will seek to avoid a second shareholder strike on remuneration and possible board spill.