AMP’s Wade departs
Announced in a short statement on Thursday, AMP Australia CEO Alex Wade will leave the business after just under one year with the financial services firm.
AMP said it had “accepted the resignation” and confirmed that Wade will leave the business.
AMP’s head of its New Zealand wealth business Blair Vernon has been hired as acting CEO of AMP Australia.
“We have a strong team in AMP Australia, who have been transforming the business, managing the successful separation of AMP Life, reshaping advice and increasing our focus on clients,” AMP CEO Francesco De Ferrari said.
“I’m pleased we are able to call on an experienced executive in Blair Vernon to lead this team and continue to drive our strategy forward.”