ASX Limited Chair David Clarke welcomes Anne Loveridge AM as a new non-executive director and confirms changes to the Board Committee structure to further strengthen directors’ focus on risk management.
Ms Loveridge will join the ASX Limited Board on 1 July 2025 and will stand for election at ASX’s Annual General Meeting on 23 October 2025.
Ms Loveridge brings more than four decades of experience across financial services, governance, audit and risk management. Having served 30 years at PwC where she held several leadership positions including serving as Deputy Chair of its Board of Partners, Ms Loveridge has also enjoyed a highly distinguished non-executive career.
She has deep board experience within financial services organisations and is currently a non-executive director at Platinum Asset Management and HSBC Australia. Prior to this she served on the Board of National Australia Bank for nine years.
Mr Clarke said: “Anne has a distinguished track record as a director and senior executive in financial and professional services, and I’m delighted to welcome someone of her calibre to the ASX Board.
“Having made significant contributions through her work on audit, risk, remuneration, and sustainability committees, I’m confident we will benefit from Anne’s deep understanding of regulatory environments and stakeholder management. I’m looking forward to working with her to strengthen ASX’s position as a world-class exchange.”
Mr Clarke noted that as Chair he was focused on ensuring there was the appropriate blend of skills and experience on the Board: “This is an ongoing priority for me as we manage the natural cadence of director succession and Board renewal.”
Melinda Conrad is completing her final term as director having joined in August 2016 and served as the Chair of the People and Culture Committee since 2023. She will retire on 15 August 2025.
Peter Nash has also signalled his intention to retire having served on the ASX Board since June 2019 and chaired the Audit and Risk Committee since 2021. He will stay to oversee the completion of ASX’s FY25 financial reporting process in August and will retire at the conclusion of the September Board meeting.
Mr Clarke recognised the valuable contribution from Mr Nash and Ms Conrad: “I want to thank them for their outstanding service and contributions to ASX over many years, and through a period of very substantial change for the organisation. I’m grateful for their wise counsel and support in the time I’ve been Chair.”
As ASX continues with its transformation strategy, the Board has been assessing how to further strengthen its oversight while managing for growing complexity.
Mr Clarke said: “ASX must hold itself to the highest standards, and we’ve been discussing as a Board how to best support the work under the risk transformation plan. To this end, we see benefit in separating the board Audit and Risk Committee into two distinct board committees. This should provide more dedicated focus by each committee.”
The responsibilities of the Risk Committee will include overseeing the risk transformation work led by the new Chief Risk Officer and the business resilience work being led by the Chief Operating Officer. The first Risk Committee met on 18 June 2025 and is chaired by Wayne Byres.
Meanwhile, the Audit and Supervision Committee will have a dedicated focus on corporate reporting and the activities and independence of both ASX’s internal audit function and its external auditor, in addition to overseeing the supervisory role performed by ASX’s Listings Compliance and Participants Compliance functions.
The Audit and Supervision Committee will be chaired by Mr Nash until his retirement from the ASX Limited Board, at which time Ms Loveridge will become Chair of the Committee. Upon Ms Conrad’s retirement from the Board, Vicki Carter will become the Chair of the People and Culture Committee.
Both the Risk Committee Charter and the Audit and Supervision Committee Charter are available on the ASX website.
