ASX appoints seven-member Advisory Group on Corporate Governance
The news: The ASX operator has named the seven members of its Advisory Group on Corporate Governance as recommended by an independent review in October 2025 amid concerns from the Reserve Bank of Australia and corporate regulator ASIC.
The context: The group’s inaugural chair and former RBA governor Philip Lowe was named in November 2025. The independent body replaces the ASX corporate governance council.
The members of the advisory group are:
- Pru Bennett, advisory firm Brunswick Group partner
- Dominique d’Avrincourt, TelstraSuper head of equities
- Mark Delaney, AustralianSuper chief investment officer and deputy chief executive
- Tim Paine, Rio Tinto company secretary
- Helen Rowell, Australian Retirement Trust chair and NSW State Insurance Regulatory Authority deputy chair
- Peter Torre, APM Group company secretary
- Nicola Wakefield Evans, former King & Wood Mallesons partner and experienced board director. Is also a Guardian of the Future Fund, Takeovers Panel member, ASIC Simplification Panel co-chair and Australian Institute of Company Directors corporate governance committee member.
The bourse operator is developing an implementation plan for upgrades to capacity and capability to help uplift risk management and modernise and support its technology platform.
It increased its expense growth guidance for FY26 on Wednesday in relation to the Australian Securities and Investments Commission’s inquiry.
What they said: “At ASX we recognise the importance of continuing to strengthen Australia’s position as a world-leading public market – one that is globally recognised for its efficiency, transparency and trust," ASX group executive listings and markets Darren Yip said
"Evolving and developing corporate governance principles and recommendations that will enjoy broad market support is critical to this ambition and I’m confident we will be well served by this new Advisory Group led by Dr Lowe."
Lowe said: “This Advisory Group will play a critical role in supporting the development of new principles-based corporate governance recommendations for Australia’s listed companies.
“This new group will bring considerable expertise and experience in listed entity governance from the perspectives of both issuers and investors.”
The source: ASX media release