The Board of ASX Limited (ASX) today announces the appointment of Mr Damian Roche as a non-executive director of the company effective 1 August 2014.
This appointment continues the Board renewal program outlined at ASX’s 2013 Annual General Meeting (AGM). This program commenced with the appointments of Ms Heather Ridout and Dr Ken Henry as directors in FY13 and continued with the appointment of Mr Dominic Stevens in December 2013. Mr Roche and Mr Stevens will both stand for election at ASX’s AGM on 23 September 2014 along with Mr Peter Warne, who will stand for re-election at the AGM.
ASX Chairman, Mr Rick Holliday-Smith, welcomed the new appointment, saying: “ASX is delighted to have attracted a director with Damian’s international financial markets experience to our Board. His understanding of the needs and challenges of international investment banks and investors, which are an important customer group of the exchange, will be valuable to our Board deliberations. Given the increasingly global nature of the operating and regulatory environment in which ASX competes, we’re very pleased to welcome the broad markets expertise and insights that Damian brings to our business.”
Mr Roche brings 20 years of experience in global investment banks to the ASX Board. Prior to this appointment, Mr Roche was a member of the global Corporate and Investment Bank Operating Committee for J.P. Morgan where he worked for the past 10 years, most recently as head of Markets and Investor Services Sales and Distribution for Asia Pacific, based in Hong Kong. His extensive cross-asset class experience spans the equities, fixed income and commodities markets, with a specific focus on the Asia Pacific region, including Australia. During his career, Damian has managed relationships with global investors and market participants, built new products and capabilities across sales, trading and execution, assessed and implemented related technology investments, and liaised with regulators across multiple jurisdictions. Mr Roche has a Bachelor of Commerce from the University of New South Wales.
