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ASIC’s Shipton ‘agrees’ to depart once a replacement is found

Phillip Coorey

Australian Securities and Investments Commission chairman James Shipton will return to work on Monday after standing aside in October, but will leave the job once a replacement is found.

Although an independent report into an expense matter found Mr Shipton had done no wrong, he and Treasurer Josh Frydenberg “agreed” he would leave the regulator once a successor was chosen.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/asic-s-shipton-to-depart-once-a-replacement-is-found-20210129-p56xrw