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An announcement from ASX ( (AU:ASX) ) is now available.
ASX Limited has appointed Group Executive Markets and Listings, Darren Yip, as interim chief executive officer effective 29 May 2026, following the previously announced departure of managing director and CEO Helen Lofthouse. The board says Yip’s extensive capital markets experience and deep knowledge of ASX’s operations and regulatory environment will provide leadership continuity while it pursues a global search for a permanent chief executive.
Chair David Clarke emphasised that Yip will be tasked with maintaining operational resilience and advancing ASX’s strategic and technology initiatives during the transition. The interim arrangement includes a significant increase in fixed and short-term incentive remuneration to reflect his expanded responsibilities, and the board has signalled it will update the market on progress of the CEO search in due course, underscoring the planned and orderly nature of the leadership handover.
The most recent analyst rating on (AU:ASX) stock is a Hold with a A$57.15 price target. To see the full list of analyst forecasts on ASX stock, see the AU:ASX Stock Forecast page.
More about ASX
ASX Limited operates Australia’s primary securities exchange, providing markets and listings for equities, derivatives and other financial products. The group plays a central role in the country’s financial system, focusing on resilient, well-governed market infrastructure and serving issuers, investors and intermediaries in domestic and global capital markets.
Average Trading Volume: 757,897
Technical Sentiment Signal: Buy
Current Market Cap: A$11.5B
Learn more about ASX stock on TipRanks’ Stock Analysis page.