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NZX names new head

Outgoing NZX chief executive Mark Weldon is to be succeeded by expat Tim Bennett from May 7.

Outgoing NZX chief executive Mark Weldon is to be succeeded by expat Tim Bennett from May 7.

Singapore-based Bennett was previously a partner in Oliver Wyman’s retail and business banking practice and has advised a broad range of financial institutions on topics relating to strategy and organisational transformations through markets and mergers, the NZX said.

Welson originally announced his intention to step down in October after nearly 10 years in the role.