CFO to depart AMP

AMP Limited has announced that group chief financial officer Gordon Lefevre will retire after five years in the role.

Commenting on his service, AMP chief executive Francesco De Ferrari said: "I would like to sincerely thank Gordon Lefevre for his commitment and contribution to AMP, particularly through the challenging period over the past 18 months."

He added: "Gordon decided the time was right to retire from AMP and will leave with our respect and appreciation of his service."

Before joining AMP in March 2014, Lefevre spent two years as CFO of property developer Grocon.

AMP has named John Patrick (JP) Moorhead, currently CFO and chief operating officer of AMP Capital, as Lefevre's successor, effective 1 June 2019.