ASX appoints first female CEO, Helen Lofthouse

Rick Steves

“I am honoured and humbled to be chosen as the CEO of ASX given the critical role it plays in Australia’s financial markets.”

ASX has promoted Helen Lofthouse from Group Executive Markets to Managing Director and Chief Executive Officer, effective 1 August 2022.

Markets is ASX’s largest business by revenue, responsible for cash and derivatives trading, including equities, interest rates, commodities and energy products, and the benchmarks business and international sales.

Helen Lofthouse has been playing the role of Group Executive of Markets at ASX since July 2021, having first joined the exchange group in 2015 as Executive General Manager, Derivatives and OTC Markets.

Her accomplished financial markets executive career counts with more than 20 years of experience in cash equity and debt markets, listed and OTC derivatives, and clearing and settlement services, including the past almost seven years at ASX.

The new ASX chief executive was previously based in London where she was a Managing Director at UBS. Before that she worked in various senior roles at JPMorgan.

Best candidate to steer ASX

Damian Roche, ASX Chairman, said: “Given the high calibre of experienced candidates attracted to the position, 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. Her appointment ensures a smooth and orderly CEO transition. ASX’s exciting future is in strong and capable hands.”

“The Board has been consistently impressed with Helen’s exceptional capability and demonstrated leadership, and believe she is the best candidate to steer ASX. Helen has successfully managed changing priorities in dynamic environments, and done so while delivering critical market infrastructure. She has a strong understanding of our values and strategy, and a proven ability to lead large and diverse teams and deliver growth. Importantly, Helen is already known and highly regarded by our people, customers and regulators, and has a deep understanding of the regulatory environment in which ASX operates.”

Helen Lofthouse, the upcoming CEO of ASX, said: “I am honoured and humbled to be chosen as the CEO of ASX given the critical role it plays in Australia’s financial markets. I have been working with an extremely talented and dedicated group of people right across ASX, including at the executive level, in ASX’s derivatives and OTC markets and clearing businesses, and more recently in cash equities and the various risk, compliance, technology and operational teams who support them. It has been an exciting and rewarding experience.

“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. I am also indebted to Dominic Stevens for ensuring ASX is in a strong financial, operational and technological position, and with considerable growth optionality when he leaves.”

The retiring CEO, Dominic Stevens, will continue as CEO until 31 July 2022,  and will be available to advise and assist ASX with transition until 30 September.

“Dominic has driven the execution of our strategy to build an exchange for the future. He has done a great deal to contemporise the organisation, improve the resilience and functionality of our operating platforms, position ASX to capitalise on new growth opportunities and lift the experience for our customers”, said Damian Roche.

Read this next

Digital Assets

GCEX opens Dubai office to help brokers enter digital asset space

GCEX has announced it is expanding into the MENA region with the opening of a Dubai office. 


Zennor AM deploys TORA’s all-in-one multi asset system

“The selection process was very thorough. We expect our fund to grow rapidly and we needed a solution that works for a newer fund but also has the capacity to scale significantly over time.”

Industry News

SEC files to take out Ripple’s whole expert testimony in one mega take

Defendants do not object to the motion provided that they be allowed the same page limit for their response in opposition to the motion. 

Digital Assets

Wirex launches crypto loans with LTV of up to 80%

The recent market collapse hasn’t stopped Wirex from pursuing its crypto loan offering allowing users to borrow up to $100,000.

Digital Assets

Chainalysis and Cellebrite to launch integrated solution

As a result of this cooperation, examiners, investigators, analysts, and compliance officers will be able to seamlessly identify illicit cryptocurrency-related activity in a single place as part of their familiar digital investigation workflows.

Executive Moves hires ex-Google Tom Yang for brand building has appointed Tom Yang as Executive Vice President (EVP) to gradually carry out its global brand building and market development.

Digital Assets

What if Ripple loses and XRP is deemed a security?

The outcome of the Veritaseum case could provide guidance to XRP holders looking for answers about what will happen to their assets.

Executive Moves

BestEx Research taps Paul Merolla as General Counsel

He has served as General Counsel at institutional broker Instinet Group and was Associate Counsel at Goldman Sachs.

Industry News

eToro announces termination of SPAC deal amid “circumstances”

“We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time. We remain confident in our long-term growth strategy and excited for the future of eToro.”