AMP appoints new CEO
AMP has appointed Francesco De Ferrari as its chief executive officer, and he will take up the role on December 1.
He will join AMP after 17 years with Credit Suisse where he was CEO South East Asia and Frontier Markets and Head of Private Banking Asia Pacific.
De Ferrari will have a base salary of A$2.2 million but could earn up to A$8.3 million in 2019 with salary and incentives.
He will succeed Mike Wilkins, who has served as interim CEO since April 2018. Wilkins will work with Mr De Ferrari to ensure a smooth handover before returning to his position as a Non-Executive Director on the AMP Board.
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