AMP has appointed a former NAB executive as managing director of AMP Bank.
Sally Bruce has been named as managing director, and will be responsible for all areas of AMP Bank.
AMP group executive, advice and banking, Rob Caprioli said: “Sally’s extensive knowledge of retail banking and expertise across financial services makes her an ideal choice to lead AMP Bank.”
“AMP Bank is an important part of AMP’s overall offer and a key contributor to our customer-focused strategy.
“Sally’s experience and track record in consumer finance will be invaluable in continuing this momentum,” Mr Caprioli said.
Ms Bruce will succeed Michael Lawrence as managing director, following a decision by Mr Lawrence to leave the company.
"Michael has been instrumental in building AMP Bank into an important contributor to the overall AMP business. I'd like to thank him for his outstanding leadership and his enormous contribution," Mr Caprioli said.