AMP Limited today announces the appointment of Debra Hazelton as a Non-Executive Director to the AMP Limited Board, effective 15 June 2019.
AMP also announces that on completion of the sale of AMP Life to Resolution Life, Trevor Matthews will remain on the AMP Life Board as an AMP nominee and retire from the AMP Limited Board. Mr Matthews joined the board of AMP Limited in March 2014 and was appointed Chairman of AMP Life in May 2016.
Ms Hazelton brings significant experience from more than 30 years in global financial services, including as the local Chief Executive of Mizuho Bank in Australia and Commonwealth Bank (CBA) in Japan.
Ms Hazelton is a non-executive director on the boards of Treasury Corporation of Victoria, Persol Australia Holdings and the Australia-Japan Foundation, and previously served on the board of Australian Financial Markets Association. She is also a Non-Executive Director of AMP Capital Holdings Limited and will continue in this position when she joins the AMP Limited Board.
AMP Chairman David Murray said:
“Debra’s leadership and experience within financial institutions as well as her previous appointments as a non-executive director will further strengthen the skills and expertise on the AMP board.
“As a director of AMP Capital Holdings, Debra already understands our business and our work to reinvent AMP as a more streamlined, sustainable business with a high-quality client offering.
“I would like to thank Trevor for his considerable contribution to AMP over the last five years. His deep knowledge of the life insurance industry will be a great asset to AMP Life, in which AMP will retain an ongoing economic interest.”