AMP appoints former Credit Suisse Executive Chair to board
AMP Ltd has announced the appointment of non-executive director, John O'Sullivan, as part of its board renewal process following the royal commission hearings.
O’Sullivan, who has nearly 40 years’ experience in the legal and financial services sectors in Australia, was most recently executive chair, investment banking and capital markets at Credit Suisse Australia. Prior to this, he was general counsel of the Commonwealth Bank of Australia after a long career at Herbert Smith Freehills including as a partner of the firm.
AMP's interim executive chair, Mike Wilkins, who stepped into his role in April 2018 following the departure of former chair, Catherine Brenner, said of O'Sullivan's appointment: “We’re committed to Board renewal and John’s appointment is part of the reset that is necessary to rebuild AMP as a stronger organisation. John will lead the Board Committee work around regulatory and legal matters."
He added: “We’re pleased to be welcoming John to the Board. We continue to work towards appointing further non-executive directors as we strengthen and renew the AMP Limited board.”