The Responsible Investment Association Australasia (RIAA) welcomes Treasurer Jim Chalmers’ announcement today that Sarah Court will be appointed as the new head of the Australian Securities and Investments Commission (ASIC).

Court’s appointment is historic as she becomes the first woman chair of ASIC.

RIAA Co-CEO Estelle Parker congratulated Court on her appointment.

“With this appointment, Sarah brings deep expertise in regulation and litigation, and a strong track record of enforcing concrete standards and integrity,” Parker said.

“I look forward to working with her to promote effective regulation, including through the Australian Government’s foreshadowed sustainable financial product labelling regime, to foster a sustainable environment and economy. The new regime can help to mitigate greenwashing in the market, but it must provide flexibility as well as confidence for providers to issue sustainable options.”

“This appointment marks a significant milestone in the Australian corporate landscape. Already we are seeing the rise of talented women into leadership positions, and now with the first woman chair of ASIC we welcome another into the fold.”

Court begins her term on July 1 2026, replacing the outgoing ASIC Chair Joe Longo.

“I also wish to thank Joe Longo for his dedicated service,” Parker said.

“Under his watch, ASIC has remained steadfast in its commitment to protect consumers and promote transparency in the market.”

RIAA has been pleased to work with ASIC over the years, and to welcome Commissioners, including Joe Longo, to speak at RIAA conferences and events.

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