NSX Limited announced the appointment of Graeme Samuel as a non-Executive Director yesterday. Samuel will join the National Stock Exchange of Australia Limited (NSXA), a wholly-owned subsidiary of NSX, as a non-Executive Director.
In addition to NSX and NSXA, Samuel will join the Board of ClearPay Pty Ltd. NSX highlighted the broad experience of Samuel in consumer regulation, corporate governance, strategic planning, public policy and media.
Samuel is currently serving as the Chairman of the Board at Australian Dementia Network Ltd. He holds a Master’s degree in Law from Monash University and completed his Bachelor’s degree in Law at Melbourne University.
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Commenting on the latest announcement, Tim Hart, Chair of NSX Limited, said: “I’m delighted that Professor Samuel AC has accepted our invitation to join the Board of NSX Limited as an Independent Non-Executive Director. Graeme has a long and eminent career in challenging monopolies, regulation, public service, the law, business and not for profit sector. His expertise and knowledge of how the compliance part of the industry works will add confidence. We are committed to making the NSX a world-class exchange, and I look forward to Graeme making a significant contribution to the Board and the company.”
“When a challenger is taking on a monopoly of such size, the competition always comes to the full. Having the Ex-Chairman of the Australian Competition and Consumer Commission on board with us means that we got a good understanding of what regulators will be looking for,” John Karantzis, CEO of NSX said in an interview with Finance Magnates.
Samuel has a broad range of experience in different sectors including regulation and governance. During the last few decades, he held different senior-level positions including Chairman of the Australian Competition and Consumer Commission, President of the National Competition Council, President of the Australian Chamber of Commerce and Industry and Trustee of the Melbourne Cricket Ground Trust. Between 2011 and 2019, Samuel served as a member of the ANU Council.
In November 2020, NSX announced that the National Stock Exchange of Australia has completed its Trade Acceptance Service (TAS) integration to the ASX Clear system.