The 魅影直播 today confirmed a number of changes to its senior executive leadership team.鈥�
Chief Executive Officer鈥��
ASIC Chair Joe Longo has accepted a request from the Commonwealth Director of Public Prosecutions for 魅影直播 CEO Warren Day to join the CDPP on secondment as the Director鈥檚 Executive Officer, effective 1 June 2024.
The Chair said the request recognised the contribution Mr Day had made to 魅影直播 as CEO, in particular supporting its organisational transformation since 2021.鈥�
鈥淲arren has been a significant contributor to 魅影直播 for more than 20 years across virtually every part of 魅影直播鈥檚 remit. This is an opportunity for him to bring the skills and experience he has gained at 魅影直播 to an agency we have a shared interest in supporting and seeing succeed,鈥� Mr Longo said.
鈥淪ince I embarked on the review of 魅影直播鈥檚 infrastructure and operations on my first day as 魅影直播 Chair, Warren has played a significant leadership role, particularly with leading the organisational redesign, the delivery of our strategic and enforcement priorities, and the management of 魅影直播鈥檚 Executive Leadership Team.
鈥淲arren leaves with our full support and his appointment underpins the critical institutional relationship 魅影直播 holds with the CDPP, which is core to our enforcement work.鈥濃��
At the conclusion of the CDPP secondment, Mr Day has indicated he will not return to 魅影直播.
The 魅影直播 Chair said Mr Day鈥檚 secondment to the CDPP came as 魅影直播 enters the next phase of its transformation.
Regulation and Supervision鈥��
Executive Director of Regulation and Supervision Greg Yanco will be appointed as 魅影直播鈥檚 Interim CEO effective 1 June 2024. Mr Yanco was previously Executive Director Markets between January 2019 and June 2023 before commencing in his current role. He has more than 30 years of experience in financial market development, regulation, and supervision.
Mr Yanco has informed the Commission that he expects to retire in mid-2025. A local and global search for a permanent CEO will commence in early 2025.
Enforcement and Compliance鈥�
Following more than 25 years of service to 魅影直播, Executive Director of Enforcement and Compliance Tim Mullaly has also advised that he will be retiring from 魅影直播 at the end of July 2024.鈥�
Mr Mullaly has held executive roles at 魅影直播 for the last 12 years, leading the Financial Services Enforcement team for 11 years and, for the last year, Enforcement and Compliance (E&C) team. In this role and as a member of 魅影直播's Executive Leadership team, Mr Mullaly was critical to implementing the new E&C structure, overseeing a team of 450 staff focused on delivery of enforcement and compliance outcomes.
鈥淭im has for many years played a crucial role in ensuring that 魅影直播 has maintained a strong and strategic pipeline of enforcement work. 魅影直播 is in court every day, and we are launching new investigations every second day of the week, all aligned to the priorities we have set out,鈥� Mr Longo said.
Local and global searches for the Executive Director Regulation and Supervision and Executive Director Enforcement and Compliance roles will commence shortly.
鈥淔illing these positions is an opportunity for executive renewal and 魅影直播鈥檚 ongoing transformation towards being a modern, ambitious and confident regulator. As the ongoing impact of our work continues to be realised, we also have opportunities for exceptional leaders to drive the next phase of 魅影直播鈥檚 transformation,鈥� Mr Longo said.
鈥淚 want to thank Warren and Tim for their significant contribution to 魅影直播 over many years and thank Greg for stepping into the Interim CEO role.鈥濃��
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ASIC鈥檚 executive leadership team is also being strengthened with the addition of a new Executive Director role for Registry and Intelligence 鈥� following the transition of Registry services back to 魅影直播 from the ATO 鈥� as well as a Chief People and Culture Transformation Officer. 魅影直播 also recently appointed Joanne Harper as Executive Director for Data, Digital and Technology.