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AAP
Business
Steven Deare

Former AMP chair re-emerges at Scentre

Former AMP and Coca-Cola director Catherine Brenner has been elected to the Scentre Group board. (AAP)

Former AMP chair Catherine Brenner, who presided over the infamous fee-for-no-service scandal, has been elected to the board of Westfield owner Scentre Group.

The Australian Shareholders Association (ASA) and shareholder activist Stephen Mayne were among those to speak against Ms Brenner before she was elected at the annual general meeting.

ASA boss Rachel Waterhouse said Ms Brenner was on the AMP board and chair when some of the most serious revelations of inappropriate conduct were aired at the banking royal commission.

During the meeting on Thursday, Mr Mayne asked whether Ms Brenner had regrets about her time at AMP.

Scentre Group chair Brian Schwartz answered on her behalf and said Ms Brenner had been to the "school of hard knocks", which was a great place to learn.

The board recommended investors vote for Ms Brenner and they duly followed. She gained 82 per cent of votes. There were 18 per cent of votes cast against her.

The 51-year-old is chair of Australian Payments Plus, which includes Bpay and Eftpos. She is on the board of a few other organisations.

She resigned as AMP chair in 2018 after the company admitted charging clients for advice they never received and then lying to the corporate watchdog.

At the time, Ms Brenner said she was accountable for governance.

She later chose not to continue on the boards of Boral and Coca-Cola Amatil.

In other results from the Scentre meeting, investors also elected ANZ and Origin Energy director Ilana Atlas to the board.

Mr Schwartz and Michael Ihlein were re-elected as directors.

Scentre also avoided a second "strike" against its executive pay report after security-holders voted in favour.

The meeting was the last for retiring chief executive Peter Allen. He will be replaced by chief financial officer Elliot Rusanow.

Scentre securities on the ASX were up one per cent to $3.08 at 1347 AEST.

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