Business
AMP Australia CEO leaves after just 10 months in the role – Sydney Morning Herald
Alex Wade has abruptly stepped down from his role, a day after ASIC revealed the wealth giant would be served with legal action and the market regulator was running at least five active investigations into the company.
The chief executive of AMP Australia, Alex Wade, has stepped down after less than a year in the role as the company battles a number of scandals and prepares to report its full-year earnings.
The wealth giant informed the market on Thursday morning Mr Wade would leave the company effective immediately, without explaining the circumstances around his departure. He will be replaced by Blair Vernon, chief executive of AMP’s New Zealand wealth management business.
AMP Australia chief executive Ale…
-
Noosa News20 hours agoChild, 15, arrested over death of another child, 8, after shocking e-bike crash in Queensland
-
Noosa News12 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
General12 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate
-
Noosa News19 hours agoDeath of German shepherd Arnie prompts Brisbane community action to protect pets caught up in crime