ASX announces new chair amid calls for leadership overhaul

InvestorDaily

After four years at the helm of the ASX board, the market regulator said on Wednesday that Roche will be succeeded by David Clarke, who will join ASX as non-executive director and chair-elect effective immediately. Roche’s retirement has come as a surprise given that it has taken place only a year into a three-year term. Over the past year, Roche has focused on renewing the board, as well as paving the way for his replacement, the market regulator said.

Confirming his retirement, 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 credentialled chair.”

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