ASX Limited has appointed Group Executive Markets and Listings Darren Yip as Interim Chief Executive Officer, effective May 29, 2026.
The move follows Helen Lofthouse's February departure announcement, ensuring steady leadership while the Board hunts for a permanent successor.
Yip, who joined ASX in 2023, brings over 20 years of global financial markets expertise at a pivotal time for the exchange's CHESS technology replacement.
Chair David Clarke emphasized the global search targets candidates with "a strong track record for leadership capability as well as key skills and experience in financial markets, transformation and risk management."
Yip echoed this focus on continuity:
"ASX plays a critical role in Australia's financial system, and my priority is to maintain operational resilience, support our customers and continue to deliver against our key strategic and technology initiatives during this transition," said ASX Group Executive, Darren Yip.
To reflect his expanded role, the Board approved a $600,000 annual fixed remuneration increase during his interim tenure, per Listing Rule 3.16.4 disclosure.
The appointment allows ample handover time before Lofthouse exits, with ASX promising market updates on the CEO search.