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Sydney Stock Exchange(SSX)appoints Tony Sacre as CEO

SYDNEY
2016-09-27 15:52

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The Sydney Stock Exchange (SSX) announces the appointment of experienced international financial services executive Tony Sacre as Chief Executive Officer.  Tony joins SSX as the exchange prepares for new listings and revamps its operating rules.
 
Tony Sacre joins most recently from ANZ, where he was one of the leaders of the International Business Origination function, focusing on creating a financial bridge and framework between Australian and Asian corporates.
 
George Wang, Deputy Chairman of SSX, said, “We welcome Tony to SSX.  He brings strong expertise and complementary skills in trade and capital flows between Australia and Asia, financial services education, and working with corporates and regulatory agencies. Tony will be an important leader in our drive and determination to create a vibrant marketplace for growth companies in Australia and throughout Asia.”
 
Mr Wang also announced that, following the appointment of Tony Sacre as CEO, he would step down as an Executive Director of the SSX, to remain as a non-executive director.
 
Tony Sacre, CEO of SSX, said, "It’s an exciting time to be joining SSX which is poised to be a strong alternative listings venue and marketplace. The Sydney Stock Exchange name brings a proud heritage of a marketplace for growth companies in Australia, and we are keen to rebuild the Sydney Stock Exchange’s standing as a significant capital market both within Australia and now also throughout Asia.”
 
“SSX is currently in advanced discussions and preparations with a number of listing candidates. We have refined our market infrastructure and support services. Our highly competitive fee structure and flexible listing rules are designed to accommodate and appeal to smaller cap, entrepreneurial companies and the mining and oil & gas exploration sectors.”
 
“We see a real opportunity to support and develop these sectors with different service offerings, given the recently announced changes by ASX to no longer service these sectors. Another important positive differentiator for SSX is our ability to tap Asian investors and provide a bridge for Australian corporates into Asia.”
 
The work currently being undertaken by our related entity, APX Settlement, to develop an alternate Blockchain-based settlement and registration service is very exciting and will support a new range of competitive service offerings for SSX and other Australian markets.


Journalist: Mabel Hu
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