David Murray was appointed AMP's chairman in June 2018, following Catherine Brenner's resignation earlier that year. Australian wealth manager AMP Ltd said chairman David Murray has resigned, effective immediately, as has AMP director, and former treasury secretary, John Fraser. The recently appointed head of AMP Capital, Boe Pahari, is also stepping down from that role, effective immediately. Murray said he and the rest of the board had always treated the harassment complaint against Pahari seriously. "ACCR has always questioned the suitability of David Murray for chair of a modern ASX50 company," she commented in a statement.

Source: The Standard August 24, 2020 03:33 UTC