Allen appointed to ASX board

Yasmin Allen FAICD has been appointed to the Australian Securities Exchange (ASX) board as a non-executive director.

Allen has more than 20 years’ experience in finance and investment banking, and has served in senior positions at Deutsche Bank, ANZ and HSBC Group. She is a director of Cochlear, Insurance Australia Group and Santos.

The appointment continues ASX’s board renewal program, which saw the appointments of Dominic Stevens in December 2013 and Damian Roche in August 2014. Allen will stand for election at ASX’s annual general meeting on 30 September 2015.

Inaugural Future Fund head, Paul Costello, has been appointed as the independent chairman of investment firm QIC’s global infrastructure investment committee.

Costello has previously been the inaugural managing director of the Future Fund and the first CEO of the New Zealand Superannuation Fund.

Commenting on his appointment, Costello said: “I’m pleased to be joining QIC at an especially exciting time for its global infrastructure capability. Governments around the world are recognising a greater role for private-sector participation in infrastructure and I look forward to helping QIC expand its infrastructure funds management offerings to clients. “