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New deputy CEO for ASX

New deputy CEO for ASX

(16 March 2010 – Australia) The managing director and chief executive officer of ASX, Robert Elstone, yesterday announced a number of changes to the organisational structure and Group Executive responsibilities within the ASX group. The ASX said in a statement that Peter Hiom will assume the role of deputy chief executive officer, from 1 April 2010, with an extension to his existing responsibilities as group executive business development.

ASX’s group executive of operations, Colin Scurry will retire at the end of November 2010 after a contribution of more than 25 years with the organisation.

Eric Mayne, who now oversees markets supervision and also has led the corporate governance council, will leave the ASX group at the end of September 2010 following the transfer of certain participant supervision responsibilities to ASIC.

Mr Mayne has substantially furthered the transparency of ASX’s supervisory practices, and effectively chaired the ASX Corporate Governance Council in his 5 years with the group, the ASX said in a statement.

A benchmarking and search process for a replacement Group Executive for Mr Mayne will commence over coming weeks, with a view to an appointment being made in the middle of the year, the ASX noted.
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