Sarah Court to replace Joe Longo as ASIC chair
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The news: Sarah Court will be appointed chair of the Australian Securities and Investments Commission (ASIC) following the completion of Joe Longo’s term on 31 May this year.
The context: Court, who has served as deputy chair and chief enforcer of the corporate regulator since June 2021, will be the first woman to lead ASIC since its formation.
Commenting on the appointment in an ASIC statement, the outgoing chair Longo said Court will bring deep regulatory expertise to the role from her career of public service.
“Sarah is an exceptional regulator with a strong record in enforcement that demonstrates her integrity and impact,” Longo said.
“Her work as ASIC’s Deputy Chair has been instrumental to the success of the agency’s structural transformation that has strengthened our enforcement posture and work, leading to better outcomes for consumers and a fairer financial system”
Court will commence her role as ASIC chair on 1 June 2026.
Court said it will be a “privilege to take on the role of chair” and acknowledged Longo “not just for his work as Chair helping transform ASIC into a modern, confident, ambitious and bold regulator, but also for his generous and unwavering support since we started at the agency together.”
The source: ASIC statement
