The Australian Securities Exchange (ASX) has appointed Helen Lofthouse as managing director and CEO, effective 1 August.
Lofthouse currently serves as group executive for ASX’s markets business, where she is responsible for cash and derivatives trading, including equities, interest rates, commodities and energy products.
She joined the exchange in September 2015 as a member of the executive leadership team, in the role of executive general manager of derivatives and over-the-counter (OTC) markets.
Before this, Lofthouse held the positions of managing director and head of clearing and executive sales, Europe at UBS, as well as various senior roles at J.P. Morgan, involved in futures and OTC clearing, derivatives prime brokerage, credit markets and cash equities.
Commenting on the appointment, Damian Roche, ASX chairman, says: “We are delighted that the outstanding choice to lead ASX as its new CEO comes from within the organisation.
“It is testament to Helen’s qualities and highlights the strength within ASX’s executive ranks. It also reflects the board’s confidence in the strategy and performance of the company in recent years. We look forward to the fresh ideas and enthusiasm Helen will bring to the role as our new CEO.”
Lofthouse adds: “I am honoured and humbled to be chosen as the CEO of ASX given the critical role it plays in Australia’s financial markets. As a member of the senior executive leadership for almost seven years, I have strong working relationships with people and teams throughout the organisation.
“I am looking forward to helping shape ASX’s future as we continue our transformation and leverage our technology platform to deliver further value for customers, staff, shareholders and the investing public.”
Current CEO Dominic Stevens will continue in the role until 31 July. He will remain available to advise and assist with the leadership transition until the end of September, after which he intends to retire.
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