ASX announces new chief executive
TheAustralian Stock Exchange(ASX) has appointed a new managing director and chief executive officer in light of the scheduled retirement of incumbent ASX chief Richard Humphry’s planned retirement later this year.
It is scheduled that legal firmMallesons Stephen Jaques’ chief executive partner Tony D’Aloisio will takeover the key role from Humphry after the next ASX annual general meeting set for late September.
In the event he doesn’t assume the title on September 28, he will take the position no later than November 1.
“[D’Aloisio] is a respected business leader with excellent networks and business contacts. He is seen as a strong leader and has extensive experience in Asia which are important considerations for ASX,” the stock exchanges chairman Maurice Newman says.
Meanwhile chief operating officer, Colin Scully will become deputy chief executive officer in a move concurrent with D’Aloisio assuming his new position.
D’Aloisio, who held his previous position with Mallesons for 13 years, is excited about his new role and is looking forward to working with the exchanges management team and staff.
TheSecurities and Derivatives Industry Association(SDIA), the peak body for the stockbroking industry, has welcomes both D'Aloisio and Scully’s appointments.
“We believe D'Aloisio's legal and commercial experience will bring significant value to the ASX… [while]Colin's longstanding experience with the ASX will be invaluable in working with D'Aloisio in driving the business forward,” SDIA managing director David Horsfield says.
AUTHOR
Craig Phillips
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