Wealth management company AMP Ltd
(ASX:AMP) has appointed former St George Bank CEO Paul Fegan to the AMP Board effective from August 1.
Mr Fegan’s 30 years experience in the financial services industry includes roles in the US, UK, Hong Kong and Australia.
Mr Fegan who joined St George in 2002, has also worked as chief operating officer of Yorkshire Bank in the UK.
Chairman Peter Mason says Mr Fegan’s wealth management experience will be a valuable addition to the AMP Board.
AMP’s 2008 net profit was $580 million.
