AMP announces resignation of three more Directors

Company News

by Anna Napoli

AMP (ASX:AMP) has announced the resignation of three non-executive directors from the board.

Vanessa Wallace and Holly Kramer will step down ahead of the AGM.

While Patty Akopiantz, the company’s longest serving director will step down at the end of 2018.

AMP’s CEO Craig Meller and Chairman Catherine Brenner resigned last week.

The mass exodus comes after damning evidence at the Banking Royal Commission of misconduct by the company’s staff.

Shares in AMP (ASX:AMP) are trading 0.12 per cent higher to $4.13.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.