Dark clouds over AMP

Article Abstract:

The decision of AMP's retail shareholders not to take part in its rescue plans shows lack of faith in the company, its board and management, which strengthens fear in the market that a de-merger of the British and Australian operators is not a good deal. The company kept its important details disclosed in the market, which led AMP in seeking for a buyer for its troubled British businesses.

AMP

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Where are the new faces?

Article Abstract:

The executive succession planning in the Australian Banking and Insurance sectors is discussed in the light of the likely shortage of executives by the year 2007. The tenures of chief executives of Commonwealth Bank, National Australian Bank, Westpac Banking Corporation and QBE Insurance are also discussed. The need to train understudy is highlighted.

Commercial Banks, Strategy & planning, Banking industry, Planning, Company business planning, Chief executive officer successions

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Mohl on top

Article Abstract:

AMP Ltd. posted $750 million capital return under chief executive Andrew Mohl. The issue of stock redemption is discussed.

Executive changes & profiles, Securities issued, listed, Officials and employees, Securities, Company securities, Mohl, Andrew, AMP Ltd.

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