AMP appear to be ready to do a lot better under Alexis George.
ANZ did very well under her leadership of the Wealth arm before it was sold to IFL who have since totally underfunded it.
If anyone can get AMP going back up again, it is probably someone with the track record of Alexis George.
She would have been better for ANZ than the Shayne Elliott years of going from $34 to $24, ANZ would have been $40 AUD by now had Alexis George been the CEO. Alexis goes for growth unlike a lot of Australian CEO sinkholes who have no track record of growth, underfund everything and know only cost cutting as an answer.
AMP would probably be $2 or $3 by now if an Alexis George growth strategy was employed rather than the De Ferrari Wade fiasco.
George and Hartley have to expand the business, go for growth, tidy up the mess left by their predecessors and put some money in to get a return IMHO.
The REAL AMP website, page-57
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