AMP restores female board representation


AMP has continued to refresh its board after the embattled wealth manager’s royal commission-related clear out, appointing Andrea Slattery as a non-executive director.

Ms Slattery, who is currently a non-executive director at Argo Global Listed Infrastructure and the South Australia Cricket Association, previously established the SMSF Association – an independent body representing Australia’s self-managed super fund sector.

The announcement of her appointment comes after the Australian Institute of Company Directors this week revealed AMP was one of only four ASX200 companies with no women in the boardroom.

AMP previously had four women on its board but chair Catherine Brenner and non-executive directors Vanessa Wallace, Holly Kramer and Patty Akopiantz have all left.

AMP chair David Murray said Ms Slattery’s vast experience would be valuable to the company as it continued to try to simplify and reset its business under new chief executive Francesco De Ferrari.

“Andrea’s considerable experience in financial services, as a business leader, non-executive director and an expert in change brings a strong mix of skills to the AMP board,” he said in a statement on Thursday.

“Andrea has built trusted relations with government, industry and consumers, and been a strong advocate for the self-managed superannuation industry, and financial services in general.”



Source link Finance News Australia

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