The Board of ASX Limited continues its renewal process, announcing the appointment of Dr Heather Smith as a non‐executive director with effect from today and the upcoming retirement of Dr Ken Henry.

Dr Smith has a PhD in Economics from the Australian National University (ANU) and spent 20 years in the Australian Public Service, culminating in being Secretary of the Department of Industry, Innovation and Science (2017-2020), and before that Secretary of the Department of Communications and the Arts (2016-2017).

She has also held senior positions in the departments of Prime Minister and Cabinet (including heading the Prime Minister’s taskforce on Innovation), Foreign Affairs and Trade, and the Treasury, as well as the Office of National Intelligence.

She began her career at the Reserve Bank of Australia in 1988. Dr Smith is a non-executive director of Challenger Limited (since 2021) and Professor at the ANU National Security College. She will stand for election at ASX’s Annual General Meeting on 28 September 2022.

Also today, Dr Ken Henry has announced that he will retire as a non-executive director of ASX and not seek re-election when his term expires at the 2022 AGM. Dr Henry has been on the Board of ASX since February 2013 and is a member of the Audit and Risk Committee and the Nomination Committee.