The company's chief executive Francesco De Ferrari is expected to appear before the House of Representatives'economics committee chaired by Mr Wilson next month to face questions about its culture and handling of sexual harassment complaints.
"The current situation raises questions about internal probity and accountability,as well as whether they are investigating matters appropriately and promptly which should guide decision making about whether any executive's position is tenable,"Mr Wilson said.
Mr Wilson's comments intensified the pressure on AMP from investors and politicians following successive internal scandals. Labor Senator Deb O'Neill on Tuesday called for Mr Pahari,the head of AMP's high earning Capital division,and the company's chairman,David Murray to resign."It’s time for a very significant shake-up in AMP. There are massive cultural problems,"she toldThe Sydney Morning Herald andThe Age.
AMP promoted Mr Pahari to lead AMP Capital in June after he was penalised $500,000 – or one quarter of his annual bonus – for breaching the bank's code of conduct after sexual harassment complaints were made by a female subordinate,Julia Szlakowski,in 2017.
Thedetails of the case – including allegations Mr Pahari changed Ms Szlakowski's London hotel booking and repeatedly contacted her after 3am – were heard by the board when deciding which employee should lead the $198 billion division.
AMP chief executive Francesco De Ferrari said he and the board had"examined this matter at length"in the decision to promote Mr Pahari.