Australia's AMP Names Blair Vernon as CFO, Dissolves Local Wealth Management Arm usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Australian shares are up 1pc on US debt ceiling deal; AMP to dissolve Australian Wealth Management structure; ALS full-year profit climbs; ASIC revokes Humm BNPL stop order. Follow updates here.
Scott Hartley is to depart AMP as the firm scraps his CEO of Australian wealth management role while CFO Peter Fredricson will depart after less than a year in the position.