Canberra, Sep 12 (IANS) Australian Sports Minister Kate Lundy Wednesday announced that John Wylie will be the new chair of the Australian Sports Commission (ASC) Board.
Lundy said in a statement that Wylie will bring a wealth of experience to the role which will assist him manage the direction of the commission and shape the future of sport in Australia, reports Xinhua.
"John has extensive experience in Australia's corporate and sport sectors and I know he will ably steer the board and oversee the continued growth of sport in Australia," Lundy said.
Wylie is an eminent Australian businessman and has over 25 years experience providing financial and strategic advice to companies and governments.
He has been Chairman of the MCG Trust since 1999 and he is currently CEO of prominent financial advisory firm, Lazard Australia and President of the Library Board of Victoria. He has been appointed for a term of three years.
Wylie welcomed his appointment and said he was looking forward to commencing as chair of the ASC Board.
"I am excited about taking on this new role and tackling the challenges ahead," he said. "I think it's critical there is a focus on innovation in sport, increased participation and better pathways linking grassroots and high performance so Australia can continue to excel on the global sporting stage."
At the 2012 London Olympic Games, Australia ranked 10th in the medal tally with seven gold, 16 silver and 12 bronze medals, compared with 14 gold, 15 silver and 17 bronze four years ago in Beijing.
The Australian swimming team, considered one of the best in the world, grabbed only one gold medal in London, making the team's performance the worst since Barcelona in 1992.
The ASC, a statutory authority established in 1985 within the Australian government's Sport portfolio, is Australia's primary national sports administration and advisory agency, and the cornerstone of a wide-ranging sports system.
On behalf of the Australian government, the ASC plays a central leadership role in the development and operation of the Australian sports system, administering and funding innovative sport programs and providing leadership, coordination and support for the sport sector.
The ASC is governed by a board of commissioners appointed by the Australian government. The board determines the ASC's overall direction, decides on actual allocation of resources and policy for delegated decisions.