Former JP Morgan Chase head of investment banking, Australia and New Zealand, Andrew Best, is joining the AMP Ltd board as a non-executive director. Best’s roles at JP Morgan included financial institutions investment banking leader, a position he held for 13 years. Best is an executive coach with Foresight Global Coaching and a panel member at Adara Group, which provides pro bono advice to Australian companies. ANZ has progressed its digital asset market initiative, announcing that client Victor Smorgan Group purchased tokenised Australian carbon credits using the ANZ issued stablecoin A$DC. In March, ANZ claimed a first for an Australian bank in the digital asset market, when it “minted” 30 million Australian dollar stablecoins using an ANZ built ethereum virtual machine and delivered the stablecoins for Victor Smorgon Group via Zerocap, a wealth management firm specialising in digital assets. In the latest transaction, Zerocap sourced the carbon credits from BetaCarbon, which tokenises Australian carbon credit units into digital tokens.