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AMP appoints seasoned dealmaker Jackie Cleary as new CFO to support capital-focused strategy

Story Highlights
  • AMP has appointed veteran finance executive Jackie Cleary as Chief Financial Officer, adding deep capital markets expertise to its leadership team.
  • The CFO appointment completes AMP’s revamped executive lineup and is aimed at strengthening capital management, balance sheet optimisation and shareholder outcomes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AMP appoints seasoned dealmaker Jackie Cleary as new CFO to support capital-focused strategy

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The latest announcement is out from AMP ( (AU:AMP) ).

AMP Limited has appointed seasoned financial services executive Jackie Cleary as its new Chief Financial Officer, reporting to Chief Executive Officer Blair Vernon and joining the company’s executive team in Sydney. Cleary, who brings more than 25 years’ experience from senior roles at Jefferies Australia and Bank of America Merrill Lynch, will oversee AMP’s financial control, reporting, tax, treasury, corporate strategy and investor relations functions.

The appointment, following Vernon’s elevation to CEO in March, completes AMP’s refreshed executive lineup alongside recently named Chief People Officer Rebecca McDermott, Chief Operating Officer Rob Jarrett and the elevation of Chief Marketing Officer Tina Cleary to the executive team. AMP’s leadership emphasised that Cleary’s expertise in capital management and financial institutions will be central to optimising the balance sheet, redirecting capital toward growth and strengthening the finance function to support the company’s existing strategy and shareholder outcomes.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

More about AMP

AMP Limited is an Australian-based financial services company offering wealth management, banking and investment solutions to retail and institutional clients across key markets including Australia and New Zealand. The company focuses on capital management, balance sheet optimisation and delivering consistent returns for shareholders as it reshapes its business under new executive leadership.

Average Trading Volume: 10,868,581

Technical Sentiment Signal: Buy

Current Market Cap: A$3.97B

For a thorough assessment of AMP stock, go to TipRanks’ Stock Analysis page.

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