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The ultimatum that sank David Murray – The Australian Financial Review

AMP’s two biggest critics have pledged to give chief executive Francesco De Ferrari breathing space after instigating a cleanout at the battered wealth manager.

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Mr De Ferrari faces enormous pressure from staff, shareholders and institutional clients to radically overhaul the business model and culture of the 170-year-old wealth management firm after the Financial Reviews investigations into AMP triggered a backdown on the July 1 promotion of Mr Pahari.
The London-based former head of infrastructure equity for AMP Capital had been the subject of a sexual harassment complaint by a female subordinate, Julia Szlakowski, which was settled in 2018. He apolog…

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