Custody industry peak body Australian Custodial Services Association has announced its appointment of a past director as chief executive.
Robert Brown, who was director of ACSA for two years from 2008-10, will lead the association through “key issues including the Asia Fund Passport legislation and the blockchain replacement of ASX’s CHESS system,” according to a statement.
ACSA chairman David Knights said he was pleased to welcome Mr Brown, who commenced his role on 16 October, back to the association.
“He brings a wealth of experience in the custody and financial services sectors, together with a past contribution to ACSA itself,” Mr Knights said.
Mr Brown has three decades of experience in the financial services industry and was most recently managing director at Alford Brown & Associates. He has held senior positions at HSBC Australia, custodian and administration provider Ausmaq, the Commonwealth Bank of Australia and State Street.
“His knowledge and skills will serve ACSA well as our industry adapts to the strategic shifts underway in the financial services sector,” Mr Knights added.
Commenting on his appointment, Mr Brown said he looked forward to communicating with members and ensuring the organisation was “fully aligned to opportunities”.
“ACSA is a unique organisation that provides value to its members, and insight to broader stakeholders, in the interests of an efficient and vibrant securities servicing sector,” he said.
“ACSA’s history of collaboration, and our member’s willingness to share deep technical knowledge, provides a powerful platform for the ongoing development for our organisation.”
The global association of investment management professionals has announced the appointment of a new chairman and vice-chair of its board of...