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Showing 1 - 10 of 70 results for "Ferrari"

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... process for all our impacted members." The BOLR changes were dumped on advisers under then-AMP chief executive Francesco De Ferrari, one of the many sweeping changes he implemented during his short time at the helm. When he exited on 25 December 2021 ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... The board backed this decision, citing Resolution Life's superior capability to manage these businesses. Francesco De Ferrari, AMP's then-chief executive, who later returned to oversee wealth management at Credit Suisse, said: "The sale of the Life business ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... and processes that didn't actually exist at the time of the original audit. Then-AMP chief executive Francesco De Ferrari said at the time that the group was looking to recalculate multiples offered as part of longstanding buy-back agreements. Ferrari ...

ISPT appoints investment manager

CASSANDRA BALDINI  |  MONDAY, 20 JUN 2022
Industry Super Property Trust has appointed Zoe Ferrari as its newest investment manager based in Canberra, saying the hire reflects an ongoing commitment to the nation's capital. Ferrari joins a growing team and will be working alongside senior ...

De Ferrari returns to Credit Suisse

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Francesco De Ferrari will return to his old hunting ground after finishing up at AMP in June. De Ferrari has signed on to become the chief executive of the Credit Suisse's wealth management division as of 1 January 2022. He also assumes the role of ...

Industry steps up for Lifeline

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
Some financial services heavyweights have thrown their support behind Lifeline, as the pandemic, lockdowns and economic uncertainty sees mental health services stretched. Janus Henderson head of retail distribution Jordan Tang organised Berry Motorfair ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... pool," Orr said at the time. In 2019, AMP advisers were up in arms about newly appointed chief executive Francesco De Ferrari proposing changes to BOLR valuations. Many advisers said that proposed valuations of about 2.5 times recurring revenue devalued ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... confirmed the institution will be without a chief executive for a short period. Outgoing chief executive Francesco De Ferrari will depart on 30 June 2021 but Alexis George will not take up the position until 2 August 2021. "We would like to thank both ...

AMP advice transformation leads exits

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... the advice transformation program director, appointed in November 2020 as part of the group chief executive Francesco De Ferrari's three-year turnaround strategy. AMP confirmed that Hopkins is no longer with the business and did not provide a reason ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... succession-planning processes." Shareholders questioned the progress of the $300 million cost-saving strategy espoused by De Ferrari as part of his plans to salvage the business. This time last week, AMP announced it is splitting the business into two ...
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