The Board of ASX Limited (ASX) today announces the appointment of Mr Dominic Stevens as a non-executive director of the company effective 19 December 2013. This appointment continues the Board renewal program outlined at ASX’s 2013 Annual General Meeting (AGM).
Mr Stevens will stand for election as a director at ASX’s next AGM in September 2014.
ASX Chairman, Mr Rick Holliday-Smith, welcomed Mr Stevens to the ASX, saying: “Dominic has an excellent pedigree in financial services and a well-deserved high reputation, including for his recent tenure as CEO of Challenger. His appointment will strengthen the ASX Board’s expertise in the capital and derivatives markets. In addition, Dominic will bring fresh insights to the challenges and opportunities presented by Australia’s growing pool of funds under management and the increasing reach of global regulation. These issues are important to both ASX and the broader economy.”
Mr Stevens served as the Chief Executive Officer and Managing Director of Challenger Limited from September 2008 to February 2012. He also served as Deputy Managing Director from February 2006 to September 2008, having joined the Group in September 2003, with responsibility for overseeing Challenger’s capital, risk management and strategy. Prior to Challenger, Mr Stevens served as a Senior Managing Director at Zurich Capital Markets Asia, specialising in structured finance, derivatives and risk management. From 1987 to 1999 he held a number of senior roles, including as Global Partner, at Bankers Trust. Mr Stevens has a Bachelor of Commerce (Hons) Finance from the University of New South Wales.