Bank names new Australian CEO

New addition to play a key part in group's large-scale transformation

Bank names new Australian CEO


By Madison Utley

A non-major bank has named the new chief executive officer for its Australian operations.

AMP has welcomed Scott Hartley as head of AMP Australia, effective 11 January 2021.

Hartley will assume command from acting CEO Blair Vernon who has been manning the helm while the executive search was conducted. Now, Vernon will return to his previous role as CEO of AMP’s New Zealand Wealth Management business as was always the plan.

Hartley was CEO of Sunsuper from 2014 to 2019, where he has been attributed with “leading the transformation” of the group’s culture, technology, investment, and multi-channel growth capabilities – resulting in Sunsuper growing to become Australia’s fourth largest superannuation and retirement business.  

The new Australian head will report to AMP CEO Francesco De Ferrari, who had nothing but high praise for Hartley’s ability to cultivate a healthy work environment.

“Scott has an excellent track record in transforming and growing wealth and investment businesses in Australia, and we’re delighted to welcome him to AMP,” De Ferrari said.

“At Sunsuper he developed a collaborative and inclusive culture that drove the outstanding performance of the organisation. His appointment will strengthen our executive team as we drive forward our transformation of the business."

Incoming AMP Australia CEO, Scott Hartley, expressed excitement over joining AMP at a “pivotal time” for the company.

“The business is in the midst of a transformation, to which I can bring my experience and capability,” he said.

“AMP has played an important role in the lives of many Australians for over 170 years and I look forward to working with and developing the entire AMP Australia team to fulfill AMP’s purpose of helping its clients realise their ambitions.”

De Ferrari also thanked Vernon for his four months as acting CEO.

“Blair stepped into the role at short notice and has been decisive in keeping our transformation activity moving and managing the complex legacy issues of the business. He has earned tremendous respect within AMP Australia and will remain a key member of my leadership team,” he said.

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