Powered by MOMENTUM MEDIA
investor daily logo
Mike Wilkins

AMP announces interim CEO

  •  
By Reporter
  •  
2 minute read

AMP board director and former IAG CEO Mike Wilkins has been appointed interim CEO of AMP following the immediate resignation of current chief executive Craig Meller.

In a statement issued today, AMP announced that Mr Meller — who was scheduled to exit at the end of 2018 — will step aside effective immediately with Mr Wilkins taking the temporary reins.

Mr Wilkins will also chair a review into governance procedures and the financial advice business in co-operation with law firm King & Wood Mallesons. 

He currently sits on the boards of AMP, QBE Insurance and Medibank, and previously held senior executive roles at IAG, Suncorp and Tyndall. 

==
==

The senior leadership change comes as AMP has given evidence to the royal commission that it made at least 20 false and misleading statements to the corporate regulator over a seven-year period.

AMP chair Catherine Brenner has "apologised unreservedly" for the misconduct.