Capital markets operator NZX has made a new senior appointment to its executive board, on-boarding Frank Aldridge, who steps into the new role with a lengthy resume in the New Zealand markets space with immediate effect, according to a company statement.
Mr. Aldridge is presently the Managing Director of Craigs Investment Partners, which is partly owned by Deutsche Bank Group and is one of New Zealand’s largest investment advisory and management firms. He has been working in the capital markets space for over a decade, also working at Craigs Investment Partners as its CEO.
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He is also an accredited NZX Advisor and a Chartered Member of the Institute of Directors. In conjunction with the move, NZX’s longtime director Neil Paviour-Smith is slated to retire from the board on June 30, 2017 following fifteen years with the group.
According to NZX Chairman James Miller in a statement on the appointment: “I am extremely pleased to announce that someone of Frank’s calibre will join the NZX Board. Frank has a proven track record of contributing to New Zealand’s capital markets and is well respected by the industry. I am confident that given Frank’s strong industry experience he will make a valuable contribution to our Board.”
“Neil has made an outstanding contribution to NZX. During his time on the Board, New Zealand’s capital markets have experienced significant growth and there have been huge improvements in the governance and management of our markets. It has been my privilege to serve alongside Neil and I personally thank him for his dedicated service not just to NZX but our broader capital markets network,” he added.