It has revealed acting chief executive Mark Peterson is to continue in the job.

The board conducted a worldwide search to find a replacement for Tim Bennett.

Chairman James Miller said Peterson had more than 25 years’ experience in the financial services sector covering capital markets, share broking, private wealth, and institutional and retail banking

He would bring to the CEO role a continued focus on strengthening NZX’s relationships with its key stakeholders, while strategically growing the business to ensure it was best placed to compete domestically and internationally.

“Mark has shown himself to be a highly capable leader during his time at NZX and more recently as Acting CEO. In addition to his extensive markets experience, Mark has been instrumental in transforming staff engagement, with his clear communication skills and collaborative leadership style. He has also led the successful development of NZX’s Wealth Technologies business and has a proven track record of sound commercial judgement.

“The Bboard is extremely pleased to make this appointment and we look forward to working alongside Mark and the wider NZX team.”

Peterson said: “It is a privilege to lead NZX, an organisation which plays a pivotal role in supporting New Zealand’s capital markets. I welcome this opportunity to keep growing our markets, and I am committed to building a very collaborative team at the centre of this network, which engages, seeks feedback, and in turn delivers greater value for our customers and shareholders.”