½ñÈÕÈÈÃÅʼþCommissioner Sean Hughes will end his term as Commissioner on 3 February 2023, after accepting a role in the commercial sector.
½ñÈÕÈÈÃÅʼþChair Joe Longo said ‘We are grateful for the contribution Sean has made to ½ñÈÕÈÈÃÅʼþin his role as Commissioner and wish him well in the next stage of his career.’
Mr Hughes was due to end his five-year term on 1 December 2023. The appointment of an ½ñÈÕÈÈÃÅʼþcommissioner is determined by the Treasurer.
ASIC’s Commission will continue to work via a whole-of-½ñÈÕÈÈÃÅʼþapproach, with current members Chair Longo, Deputy Chairs Sarah Court and Karen Chester, and Commissioner Danielle Press, working with the Chief Operating Officer and the Executive Team. Â
Background
Mr Hughes has had previous senior positions with ASIC, including from 2008-2010 as Senior Executive Leader for Corporate Governance and Corporations. From 1999-2003, he held a number of senior executive roles including as Director, Financial Services Regulation.