ASIC Commissioner Sean Hughes will end his term as Commissioner on 3 February 2023, after accepting a role in the commercial sector.
The regulator says that Hughes was due to end his five-year term on 1 December 2023, also noting that the appointment of an ASIC commissioner is determined by the Treasurer.
The commission adds that 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.
ASIC Chair Joe Longo says the commission is grateful for the contribution Hughes has made to ASIC in his role as Commissioner and wishes him well in the next stage of his career.
