Wednesday, August 1, 2018

AMP chairman David Murray to bolster CEO power in governance shakeup

AMP chairman David Murray has vowed to make the embattled wealth manager's board and management more accountable for their actions. 

The former head of the Commonwealth Bank plans to push back against ASX corporate governance guidelines that he says have in some ways diluted the power of the AMP chief executive. 

ABC's Peter Ryan is covering the banking Royal Commission which has accused AMP of unlawful and unethical behaviour.

Listen from today's edition of The World Today


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