IT HAS been confirmed, the chief executive partner of Mallesons Stephen Jaques will leave the top-tier firm and take up a new role as managing director and chief executive officer of the Australian Stock Exchange. After 13 years in the firm’s top role, Tony D’Aloisio said he was delighted to accept the position.
Expected to take effect after the next scheduled Annual General Meeting of the ASX on 28 September this year, D’Aloisio will replace Richard Humphry after his retirement. Humphry has agreed to continue to serve as CEO until that date.
The twice Managing Partner of the Year at the Australian Law Awards received ample praise from his future employer. “D’Aloisio has had an outstanding record as chief executive. He is a highly regarded senior executive known for his commercial acumen and strategic thinking abilities,” said ASX chairman Maurice Newman
“He is also a respected business leader with excellent networks and business contacts. He is seen as a strong leader and has extensive experience in Asia, which are important considerations for ASX,” said Newman.
The ASX was fortunate to secure D’Aloisio’s services, which will provide “the continued management excellence which had delivered such outstanding results for shareholders under the leadership of [Humphry]”, Newman said.
D’Aloisio congratulated Humphry for his outstanding efforts in helping the ASX to become a highly regarded world class stock exchange. He said he was looking forward to working with the senior management team, and meeting ASX staff. “I’m very enthusiastic and honoured to be asked to join and lead an outstanding team and a great company,” D’Aloisio said.
D’Aloisio’s appointment at the ASX will be for three years in the first instance. However, it may be extended for a further two years at the Board’s discretion.