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Former ASIC commissioner to join Cboe Australia board

By Reporter
3 minute read

Cathie Armour will join the market operator’s board from next month.

Cboe Australia has announced the appointment of former ASIC commissioner Cathie Armour as a non-executive director on its board, effective from 1 April.

Ms Armour spent almost a decade in the role of commissioner at ASIC, working closely with the regulator’s teams responsible for regulating market infrastructure, market surveillance, supervision of market intermediaries, and the enforcement of laws relating to market integrity, before departing last year.

In a career spanning more than 30 years, she has served as general counsel of Macquarie Capital and J.P. Morgan Australia and as an executive director of Macquarie Group.


“We are delighted to welcome Cathie to the Cboe Australia board. Cathie’s combined experience as a senior markets regulator and general counsel to large financial services organisations is unsurpassed,” said Cboe Australia chairman Ade Cordell.

“As Cboe Australia continues to pursue its strategy of improving and growing the securities and derivatives markets in Australia and the Asia-Pacific, Cathie’s experience will prove invaluable.”

Commenting on her appointment, Ms Armour said: “Cboe Australia is a lead innovator in Australian markets, and I’m excited to contribute to the business’ ongoing growth and success.”

Ms Armour holds a bachelor of economics and a bachelor of laws (Hons) from the Australian National University, and a master of laws from Sydney University. She is also a graduate of the Australian Institute of Company Directors (“GAICD”) and is a member of Chief Executive Women.

Her appointment follows the retirement of David Trude from the Cboe Australia board, effective from 31 March. Mr Trude originally commenced as an independent director of Chi-X Australia prior to its market launch in 2011.

“On behalf of Cboe Australia and Cboe Global Markets, I thank David for his service to the business as non-executive director and chair of the Cboe Australia compliance and audit committees for more than a decade,” said Cboe Australia chief executive officer Vic Jokovic. 

“He has been integral to the success of Chi-X and now Cboe Australia, and we wish him every success in his future.”