Former mining company Rio Tinto managing director David Peever has been elected as deputy chairman of Cricket Australia's board of directors.

The 56-year-old Peever was appointed as an independent CA director in October 2012 as part of broad governance changes to the game in the country - and currently sits on the CA remuneration committee.

"David is a great leader and will bring outstanding business acumen to the role combined with a deep passion for the game," said Peever's predecessor Wally Edwards.

"Over the next year and a half I will work closely with David at a national and international level to ensure a smooth handover of the chairman's role when my tenure finishes in October 2015."

Peever is a non-executive director of the Melbourne Business School, a director of the Business Council of Australia, a member of the prime minister's Indigenous advisory council and the Department of Defence Gender Equality Advisory Board.

"It's a key time for Australian cricket. A lot of significant change has occurred for the better on and off the field. I'm looking forward to working with the chairman, the board and the executive team to continue that process," added Peever, who graduated from James Cook University with an economics degree - and completed a Masters of Science in mineral economics from Macquarie University.