Someone forgot his minder, via the AFR:
AMP chairman David Murray says the company was forced to look overseas for new chief executive Franceso De Ferrari because of all the ethical and legal issues raised by the Hayne royal commission.
“The feedback we got was that it was going to be very hard to appoint an executive in Australia to fill this role because of all the issues surrounding the royal commission,” he says in an interview with Chanticleer.
“If we had appointed someone locally we would have had no credibility.”
The chairman was employed locally.
I’m sure Mr Ferrari, the merchant banker, will do wonders to restore people’s faith in AMP.
