NSW MP Deb O’Neill has been appointed as the new Chairman of the Parliamentary Joint Committee on Corporations and Financial Services.

She replaces Bernie Ripoll, who was recently promoted to Parliamentary Secretary to the Treasurer in the latest Government reshuffle.

Ms O’Neill has sat on the Joint Statutory Committee on Public Accounts and Audit since October 2010.

She is also a member of the House of Representatives committees on education and employment as well as health and ageing.