ASX has today announced the appointment of seven members to its newly constituted Advisory Group on Corporate Governance (AGCG or Advisory Group), chaired by Dr Philip Lowe. The establishment of this group marks an important step in evolving the governance settings for Australia’s listed market.
The AGCG replaces the ASX Corporate Governance Council and will support ASX in developing the Corporate Governance Principles and Recommendations, in line with recommendations accepted by ASX following the independent Review Panel’s Report released on 16 October 2025.
The AGCG members have been appointed in their individual capacity to act in the interests of the market as a whole, with members bringing deep expertise and global perspectives on listed entity governance, investment, superannuation, markets and stakeholder engagement.
Chair of the Advisory Group, Dr Philip Lowe said: “This Advisory Group will play a critical role in supporting the development of new principles-based corporate governance recommendations for Australia’s listed companies. This new group will bring considerable expertise and experience in listed entity governance from the perspectives of both issuers and investors.
“With this group in place, we intend to move swiftly to hold our first meeting in the coming weeks. Together, we will engage broadly, consider the evidence carefully and provide practical, balanced advice that supports strong governance for Australia’s listed market.”
ASX Group Executive Listings and Markets Darren Yip said: “At ASX we recognise the importance of continuing to strengthen Australia’s position as a world-leading public market – one that is globally recognised for its efficiency, transparency and trust. Evolving and developing corporate governance principles and recommendations that will enjoy broad market support is critical to this ambition and I’m confident we will be well served by this new Advisory Group led by Dr Lowe.
“I’m pleased we were able to draw from a strong field of candidates, and I’d like to thank all those individuals and associations who took the time to submit nominations.”
Details of the new members for the Advisory Group are below. Member appointments are subject to the satisfactory completion of pre-appointment procedures.
Members appointed to the Advisory Group:
- Pru Bennett — Ms Bennett is an experienced governance professional. She is currently a Partner at Brunswick Group, where she advises boards in the APAC region on governance issues. Between 2010 and 2019, Ms Bennett was a Managing Director and Head of Investment Stewardship for APAC at Blackrock. She is a Member of the Australian Financial Reporting Council and a Council Member of the Asian Corporate Governance Association.
- Dominique d’Avrincourt — Ms d’Avrincourt has 22 years of experience as a senior investment professional within the financial services industry, ranging from investment management and research, portfolio construction, strategic asset allocation, and exposure management. She is currently Head of Equities at TelstraSuper, managing $15bn in equities. Between 2004 to 2020, Ms d’Avrincourt was an investment manager at HESTA and Vic Super and an equity research analyst at Commonwealth Bank, Merrill Lynch and Goldman Sachs JB Were.
- Mark Delaney - Mr Delaney is an experienced investment executive with extensive knowledge of global capital markets and institutional asset management. He is currently Chief Investment Officer and Deputy Chief Executive of AustralianSuper, where he is responsible for overseeing the fund’s global investment strategy across public and private markets. During his 25 years tenure at AustralianSuper he has helped transform the fund, and its predecessor, into the Australia’s largest asset manager with over $400bn of funds under management
- Tim Paine — Mr Paine is an experienced company secretary. Since 2012 he has been the Company Secretary of Rio Tinto Limited (ASX: RIO). Mr Paine’s roles prior to this include General Counsel & Company Secretary at Mayne Group, Deputy General Counsel & Company Secretary at ANZ Bank and Legal Counsel for ANZ McCaughan stockbrokers. He is also a member of the Governance Institute of Australia’s Legislation Review Committee.
- Helen Rowell — Ms Rowell is an experienced director and senior executive with significant industry and regulatory expertise in financial services. She is currently Chair of Australian Retirement Trust, Deputy Chair of the NSW State Insurance Regulatory Authority and a Director at Mental Health Australia. She previously chaired a panel appointed by the Insurance Council of Australia which undertook a review of the General Insurance Code of Practice. Between 2002 to 2023, Ms Rowell held roles at APRA, including as Executive Board Member and Deputy Chair, with oversight of prudential regulation and supervision across Australia’s insurance industries and earlier, the superannuation industry.
- Peter Torre — Mr Torre is a Chartered Accountant and Chartered Secretary. He is an experienced corporate advisor, outsourced company secretary and director for small to mid-cap entities. He is currently Company Secretary for the Australian trading subsidiaries of TSE listed Nomura Research Institute, Ltd. , the APM Group, and a Director of Veem (ASX: VEE) and Volt Group Limited (ASX: VPR). Since 2003, Mr Torre has been the Principal of Torre Corporate, during which time he has acted as company secretary and/or director on 20 small to mid-cap listed companies.
- Nicola Wakefield Evans — Ms Wakefield Evans is an experienced non-executive director and capital markets lawyer. She currently serves on the boards of Viva Energy (ASX: VEA), Sonic Healthcare (ASX: SHL), MetLife Australia (Chair), Clean Energy Finance Corporation and the UNSW Foundation. She is a Guardian of the Future Fund, member of the Takeovers Panel, Co-Chair of the ASIC Simplification Panel and a member of the AICD Corporate Governance Committee. Between 1993 to 2013, Ms Wakefield-Evans was a partner at King & Wood Mallesons with extensive international experience advising listed companies in Australia and Asia.
