AMP first-half profit beats forecast, names Meller CEO

Craig Dunn to step down in January, financial group posts modest rise in first-half net profit.

AMP (AMP) has appointed Craig Meller its chief executive officer, replacing Craig Dunn, as the group unveiled a lift in first-half underlying profit ahead of its forecast.

In the six months to June 30, AMP posted underlying profit of $440 million, above the company's guidance for between $415 million and $435 million set in June.

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