The Australian Securitisation Forum (ASF) is delighted to confirm – with immediate effect – that Tim Hughes, Treasurer of Suncorp, has been appointed by fellow board members on the ASF National Committee as the organisation’s new chairman.
Gratitude
Stuart Fuller, having led the ASF since February 2009 and having been on the board for more than one decade, resigned his position both as chairman and National Committee member in the wake of his move to Hong Kong to lead newly merged law firm, King & Wood Mallesons. The National Committee emphatically thanked Mr Fuller for his contribution to the ASF and to his unwavering personal commitment to the organisation during his tenure as chairman. In particular, his strategic and technical leadership in relation to covered bonds will be long-remembered.
New challenges
Tim Hughes, said, “It’s an honour to follow in the footsteps of Stuart and other securitisation industry greats. I am humbled by the confidence expressed in me by the ASF National Committee. We have a number of challenges facing our industry but with a dedicated committee, strong and diverse membership base, we are confident in meeting these. My chairmanship will seek to build on successes in the disclosure and reporting space; prudential regulation reform; promoting and building our industry reputation in domestic and overseas markets; and ensure that the industry can be supported so as to become self-sustainable in the medium- to long-term. We will also be intimately involved in solutions that deliver a robust domestic fixed income market.”
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