Business
AMP chief tight-lipped on executive departure – Sydney Morning Herald
Francesco De Ferrari refused to answer questions on whether the wealth giant has a culture that discriminates against women.
The resignation came the month after it was revealed the newly appointed AMP Capital chief Boe Pahari had been promoted despite being accused of sexually harassing a colleague. Mr Pahari was fined $500,000, or 25 per cent of his annual bonus, for breaching company policy, and the woman left the company.
“Weve commented on the employment incident,” Mr De Ferrari said. “We looked at all the different elements and became satisfied this was a one-off event.”
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