Mr O’Sullivan has extensive experience in leadership and senior executive roles within financial services and legal and regulatory risk as well as deep M&A and capital markets experience. He was most recently Executive Chairman, Investment Banking and Capital Markets, of Credit Suisse Australia. Prior to that, he was General Counsel of the Commonwealth Bank of Australia after a long career at Herbert Smith Freehills including as a partner of the firm.

Interim Executive Chairman Mike Wilkins said: “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.

“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.”

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