ASX today announced it will deepen its focus on enterprise technology by splitting the current Group Executive, Technology and Data and CIO role, to create a standalone technology division under a dedicated Chief Information Officer.
The new CIO role will report directly to CEO Helen Lofthouse and will focus on ensuring system resilience across ASX, and the delivery of multi-year technology transformation programs.
The creation of a separate technology division will also enable current Group Executive, Technology and Data and CIO, Dan Chesterman to apply his full focus to leading the customer-facing Technology and Data business. This is ASX’s fastest-growing business, and Dan will continue to focus on important strategic initiatives such as expanding customer access to ASX’s rich data sets.
Ms Lofthouse said: “ASX operates multiple areas of critical market infrastructure for the region, and this additional role will provide further breadth and depth in this key area underpinning our business.
“The change creates a single point of senior executive focus and accountability for delivering ASX’s enterprise-wide technology renewal program, while also providing focused leadership for our Technology and Data business which is charged with maturing ASX’s enterprise data capability and growing ASX’s technical and data products and services.
“It also provides additional scope and bandwidth for Dan Chesterman and the team to focus their efforts on data and technology innovation, and expanding enterprise data capability across data science and analytics, information services, data governance and the ASX data platform.”
There are no changes to the delivery of ASX’s CHESS replacement solution design, which continues to be led by our dedicated technology transformation Project Director Tim Whiteley, who reports directly to the CEO.
