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Our history

Our history

Beginning in 1849 by offering life insurance as the Australian Mutual Provident Society, AMP has evolved over the past 170 years to be a publicly listed bank and wealth manager.

Today, we help millions of people in Australia and New Zealand make the most of their potential and create their tomorrow.

Milestones

  • 1849 – The Australian Mutual Provident Society (AMP) opens for business
  • 1860 – Benjamin Short joins AMP as its first agent
  • 1869 – The National Mutual Life Association of Australasia opens for business
  • 1899 – James Tuscon Thompson joins National Mutual as its first agent
  • 1962 – The iconic AMP building in Sydney's Circular Quay is opened by Prime Minister Robert Menzies
  • 1995 – National Mutual demutualises and lists on the Australian Stock Exchange
  • 1998 – AMP demutualises and lists on the Australian Stock Exchange. AMP Bank opens for business
  • 2000 – AMP plays a major part in the first Olympics of the new century, supporting the Sydney 2000 Olympic Games, the Paralympic Games and the Olympic Torch Relay
  • 2009 – AMP and China Life Group form strategic partnership
  • 2011 – AMP and AXA Asia Pacific (formerly National Mutual) merge. AMP and Mitsubishi UFJ Trust and Banking form strategic partnership
  • 2017 – AMP Capital takes a minority stake in US based real estate investment manager PCCP
  • 2020 – Completed sale of AMP Life insurance business to Resolution Life
  • 2022 – Announced sale of global asset management business, AMP Capital, to focus on AMP’s core businesses in banking and wealth management.