The Australian alternative tier-one listing venue has brought in a new chief, who will focus on nanocap Australian and APAC companies in the technology, resources, real estate and sustainability sectors.
Sydney Stock Exchange (SSX) has appointed financial industry veteran Michael Go as its chief executive officer, the bourse announced in a statement on Tuesday.
Go will lead SSX's new strategy to «support up-and-coming Australian companies and bring more benefits of competition to the Australian market, in the spirit of ‘co-opetition’,» the statement said.
Go, whose career in finance began at Barclays Bank in 1987, has held senior positions at ABN Amro, National Australian Bank, OTC startup MMADX, and the Australian Financial Markets Association. He was most recently head of trading, Asia Pacific, at Thomson Reuters in Hong Kong.
First Listing
«Our focus is very much on growth companies – businesses that have a track record and are looking to take the next step but may not be big enough to easily list on a main bourse,» Go said.
SSX's first listing applications – from Australian cleantech energy firm AGEO Resources and Australian medical technology company ANNSCA Medical – earlier this week exemplifies its approach towards smaller companies and ESG principles, he noted.
There are 50 potential listings in the pipeline, SSX said, highlighting its six-week listing process and dedicated ESG board, the only exchange in Australia to have one.
