ASIC appoints three new commissioners

taxation/global-financial-crisis/australian-securities-and-investments-commission/chief-executive/accountant/

15 December 2008
| By Liam Egan |

Three new full-time commissioners have been appointed to the Australian Securities and Investments Commission (ASIC), bringing the total to six.

The appointment of Greg Medcraft, Peter Boxall, and Michael Dwyer was announced today by Senator Nick Sherry, Federal Minister for Superannuation and Corporate Law.

“The commissioners will ensure ASIC remains best placed to deal with the fallout from the global financial crisis and its new role as the national consumer credit regulator,” Sherry said.

“They will significantly broaden the skills base of ASIC to include investment banking, insolvency, public policy, and economics.”

Medcraft was formerly chief executive of the Australian Securitisation Forum, and before that global head of securitisation at Societe Generale.

Boxall was made an Officer of the Order of Australia in 2007 for services to economic and financial development and reform in the areas of accrual budgeting, taxation, and workplace relations.

Dwyer has extensive experience as a chartered accountant and insolvency practitioner and operates his own firm, Dwyer Corporate.

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