April 30 (Reuters) – Australian bourse operator ASX said on Thursday it has appointed insider Darren Yip as its interim chief executive officer, effective May 29.
Yip, who joined ASX in 2023 and is currently its group executive for markets and listings, will take over from Managing Director and CEO Helen Lofthouse, who announced her departure in February.
Yip will lead ASX on an interim basis from end-May as the board continues search for a permanent CEO, the company said in a statement.
“This appointment supports a planned process with ample time for handover activities in the coming month,” ASX said.
Shares of the bourse operator rose as much as 3.9% to A$60.080 by 0024 GMT, hitting their highest since September 24, 2025. The stock was set for its strongest trading session since April 9, if current gains held.
Lofthouse resigned in February after an 11-year career at the exchange operator. The firm did not give any specific reason for her departure at the time.
ASX has faced regulatory scrutiny in recent years following a series of operational issues, including a company name mix-up in August 2025 and an outage of its announcements platform in early December.
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Tasim Zahid, Jonathan Ananda and Subhranshu Sahu)
