The lessons from AMP’s origins
09 May 2018
BCCM CEO Melina Morrison was interviewed for the Leadership section of The Australian Financial Review by Deputy Editor of AFR BOSS Magazine, Patrick Durkin.
In the interview, Melina is quoted as saying, “When AMP was a mutual, its single purpose was to benefit the members by investing money and delivering returns to them. Now it has to deliver on its promise to shareholders, too. And the incentive structure in listed entities tracks the share price, not customer returns.”
Read the full interview in the Financial Review.
Latest news
18 November 2024
The BCCM welcomes the second reading of the Associations and Co-operatives Legislation Amendment Bill 2024 by the Western Australian Legislative Assembly on 13...
22 October 2024
Eight outstanding leaders of Australian co-operatives and mutuals have been added to the BCCM Honour Roll for 2024, with this year’s inductees coming from banking and...
22 October 2024
Introducing the inaugural BCCM anniversary list, honouring significant milestone birthdays of our members, proudly presented in 2024 by HIF and Capricorn.