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ASX adds 2 new directors as part of board renewal

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By Reporter
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3 minute read

The market operator said that the new appointments form part of its ongoing commitment to refresh the talent, skills, and experience of its directors.

ASX has announced the appointment of Vicki Carter and Luke Randell as non-executive directors, continuing the market operator’s board renewal program.

Ms Carter has more than 35 years of experience as a senior executive and non-executive director across the banking, insurance, wealth management, and telecommunications sectors.

The market operator described Ms Carter as an accomplished leader with experience in leveraging technology and achieving organisational transformation by improving customer outcomes, reducing costs and simplifying operations. 

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She previously established Telstra’s transformation delivery function and oversaw the successful delivery of the company’s multi-year transformation program, T22. ASX said that her experience and insights would be a valuable addition to the skill set of its board.

Meanwhile, Mr Randell’s experience spans more than three decades in equity and derivatives markets businesses across Australasia, Japan, UK, Europe, and the Middle East.

Following his retirement as the head of markets Australia and New Zealand for Citi last year, ASX suggested that Mr Randell would be able to provide valuable insights to its board discussions by drawing upon contemporary stakeholder relationships.

ASX chairman Damian Roche said that one of his priorities for the board renewal program was  to strengthen its technology and cyber capabilities and its experience in managing the complex needs of large-scale transformation programs.

“These skills are critical to understanding how these transformations will complement the technology changes at ASX and impacts our customers and their business needs,” he said.

“I am confident that Vicki and Luke have the relevant skills with transformation and can bring insights drawn from contemporary customer relationships to make valuable contributions to the board.”

The appointments follow the addition of David Curran and Heather Smith as non-executive directors last year. Both were formally elected to the ASX board at its AGM in September.

“Together with the appointment of Helen Lofthouse as managing director and chief executive officer in August 2022, I am confident the board has the requisite mix of expertise, industry experience, and diversity to ensure appropriate oversight and guidance as we continue to build a world-class exchange,” Mr Roche concluded.

The ASX also confirmed that Heather Ridout is set to retire at the end of its February board meeting, while Peter Marriott will retire at the conclusion of its meeting in April.

 

ASX adds 2 new directors as part of board renewal

The market operator said that the new appointments form part of its ongoing commitment to refresh the talent, skills, and experience of its directors.

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