NZX appoints Christopher Corke as CIO

19 September 2003 – New Zealand Exchange Limited (NZX) wishes to announce the appointment of Mr Christopher Corke as Chief Information Officer (CIO).

“As the marketplace operator and innovator, NZX depends on the strength of talent in our IT and infrastructure group for both new ideas and faultless implementation, so we’re delighted to have someone of Chris’s calibre joining the NZX team,” said Mark Weldon, NZX CEO.

As NZX CIO, Mr Corke will sit on the NZX executive management team reporting to CEO, Mark Weldon. He will be responsible for the management of the Infrastructure Business Group, as well as strategic information and technology initiatives, internal systems and risk management and the implementation of current and future projects in the IT and infrastructure areas.

Prior to joining NZX Mr Corke held management positions with many of New Zealand’s leading technology companies, including Telecom New Zealand Limited, BEA Systems Limited, PEC Limited, Advantage Retail Solutions, as well as Accenture in the UK. He also spent 5 years working at the London Stock Exchange (LSE) and remains particularly interested in the mechanics of the capital markets.

“I am excited about joining an organisation like NZX, which is going through such a period of dramatic change and development,” Mr Corke. “It presents real challenges and enormous opportunities and I look forward to using my experience in an industry that has remained a personal fascination for me since my time at the LSE.”

Mr Corke graduated from Ulster University (Northern Ireland) with a Bachelor of Science with Honors in Applied Economics. He takes up his new position on Monday 22 September and will be based in Wellington.

ENDS

About New Zealand Exchange Limited (NZX)

NZX operates New Zealand’s sole registered national stock exchange. Utilising its proprietary FASTER technology, NZX facilitates fully electronic trading, clearing and settlements across its three principle markets, the NZSX – Stock Market, the NZDX – Debt Market, and the soon to be launched NZAX – Alternative Market. In addition, NZX offers a comprehensive suite of data products, indices and funds, and is responsible for the ongoing surveillance and regulation of New Zealand’s capital markets.

By providing a ready market for capital raising and business growth, NZX is at the forefront of business in New Zealand. At both the Board and management levels, NZX is committed to developing and ensuring the integrity and international competitiveness of New Zealand’s capital markets. NZX demutualised in October 2002 and became a publicly listed company on 4 June 2003.

For more information, please contact:
Bridgit Vivian
New Zealand Exchange Limited
W: 04-496-2874
M: 0274-727-599
bridgit.vivian@nzx.com