Sharechat Logo

NZX brings in new blood to senior management

Wednesday 10th October 2012

Text too small?

NZX, the stock market operator, has appointed Fronde Systems Group chief financial officer Mandy Simpson as its new head of operations, giving her responsibility for market and issuer services.

Simpson will join the stock exchange operator from Nov. 19, the NZX said in a statement. The company's current head of market services Simon Smith has resigned effective from the end of the year. Smith has been with NZX since 2004, and helped set up NZClearing and the stock exchange's clearing house.

"I'm looking forward to having Mandy join NZX and working with her to broaden the range of services we offer our listed companies," chief executive Tim Bennett said.

The appointment comes a month after Bevan Miller was wooed to join NZX as its chief financial officer, and is the latest changing of the guard under Bennett, who took the reins in May.

Simpson follows NZX's former head of market supervision Caroline Leckie after she left in May to take a role with Lehman Brothers in the UK.

The stock was unchanged at $1.15 in trading yesterday, and has gained 18 percent this year.

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar falls, NZX suspends trading after 6.2 magnitude Wellington earthquake
Cash trading on New Zealand stock exchange surges in first half, driven by equities
NZX cash trading tops $5 bln as MightyRiverPower listing beefs up market
NZX cash trading value jumps by 58 percent in February from a year earlier
NZX looks to launch spot gas market in June
NZX full-year profit falls 32 percent
NZX boss Bennett rounds out 2012 filings with $1.87M share acquisition
Equity trading jumps in NZX cash market as NZX 50 nears 5-year high
NZX names Amelia Wong as head of cash markets
NZX rings more changes as PR chief Macrae exits