The ASX has expanded the size of its board with the appointment of former JP Morgan Australia chief executive Rob Priestley as a non-executive director.
Mr Priestley joins the ASX board after stepping down as chief executive of JP Morgan Australia and New Zealand, a role he occupied for half of his three-decade long career.
Prior to his role with JP Morgan, Mr Priestley held positions with Macquarie Bank and Price Waterhouse, and was previously chair of the Australian Financial Markets Association.
“The board and I are delighted that Rob has agreed to join the ASX board,” said ASX chair Rick Holliday-Smith.
“He has over 30 years’ experience in the financial services industry and has worked in capital markets around the world.”
Mr Holliday-Smith said Mr Priestley’s addition to the board would strengthen the board’s capacity to govern the business.
“As a former chief executive he has strong leadership, strategy and governance skills, and his international and local experience will bring valuable insights into the needs and concerns of the financial institutions that are ASX’s customers,” he said.
Mr Priestley will stand for election at the ASX’s annual general meeting on 26 September 2017.
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