AMP chair resigns over promotion of sexual harassment accused
Shareholders objected to the promotion of an individual at centre of a harassment scandal
24 August 2020 - 18:43
London — AMP chair David Murray resigned and the head of the firm’s investment management arm was demoted as a sexual harassment scandal sparked the second boardroom shake-up in just over two years at the trouble-plagued company.
Boe Pahari, whose recent promotion to CEO of AMP’s A$190bn ($137bn) investment management arm sparked the revolt, will return to his previous level with a focus on the infrastructure equity business. Debra Hazelton will replace Murray...
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