New Zealand Markets open in 6 hrs 17 mins

AMP chair Catherine Brenner resigns

 

Catherine Brenner has resigned as chair of the financial services giant, effective immediately, to be replaced by Mike Wilkins who will be interim executive chairmain.

She is AMP's second high-profile casualty of the banking royal commission, after chief executive Craig Meller resigned over the fees-for-no-service scandal.

The company announced that Group General Counsel and Company Secretary Brian Salter will leave the company.