ASX announces today that David Clarke joins the ASX Limited Board as Non-Executive Director and Chair Elect, and will assume the role of Chair following the company’s Annual General Meeting (AGM) on 28 October 2024.
Current Chair, Damian Roche, confirms he will retire from the ASX Board at the conclusion of the AGM. Mr Roche was re-elected at ASX’s 2023 AGM, and he stated at the time that he would be serving his final term as he focused on board renewal and the transition to a new Chair.
Mr Clarke is a seasoned director having served as Chair of several ASX-listed Boards, and he has also had an extensive executive career spanning senior management and CEO roles in banking, commercial property and funds management.
Mr Clarke, whose appointment is effective immediately, will stand for election at the AGM and expects to reduce his existing professional commitments over time.
Announcing the changes, Mr Roche said: “ASX plays a central role in the nation’s economy, and navigating the process of board renewal in my time as Chair has been key in moving toward our next chapter under our new era strategy.
“As with all transformations, there remains much work to do but I’m confident Helen Lofthouse and her team will continue to drive our strategic outcomes with the guidance of a highly-credentialed Chair.
“In addition to his deep boardroom experience and extensive executive career in financial services, David brings the right combination of skills and experience to take ASX forward.”
Mr Clarke expressed his enthusiasm at joining the ASX Board and is looking forward to meeting stakeholders soon and hearing directly from shareholders at the upcoming AGM.
Mr Clarke said: “It is a privilege to take up the role of Chair at an institution that stands at the heart of Australia’s financial markets, and I look forward to working with the Board, Helen and the management team to continue building the capability, trust and confidence befitting a world class exchange.
“I am honoured to be part of the journey that ensures a successful future for ASX.”
