John O'Sullivan has been appointed as AMP's new non-executive director, effective 20 June.
Mr O'Sullivan brings with him nearly 40 years’ experience in the legal and financial services sector. He joins AMP from Credit Suisse Australia where he was executive chairman, investment banking and capital markets. Prior to this, Mr O'Sullivan was general counsel of Commonwealth Bank of Australia and a partner at Herbert Smith Freehills.
AMP interim executive chairman Mike Wilkins welcomed the impending arrival of Mr O'Sullivan, noting his background will be of significant importance to the board.
“We’re committed to Board renewal and John’s appointment is part of the reset that is necessary to rebuild AMP as a stronger organisation. John will lead the Board Committee work around regulatory and legal matters," Mr Wilkins said.
“John has significant financial services and governance experience and has, at the highest level, determined and implemented strategy, driven financial, operational and key people decisions and led legal and regulatory risk functions.
“We’re pleased to be welcoming John to the board. We continue to work towards appointing further non-executive directors as we strengthen and renew the AMP Limited board.”