ASX creates dedicated CIO role to lead standalone technology division
The Australian Securities Exchange (ASX) has set up a new dedicated chief information officer (CIO) position within the firm as it looks to enhance its focus on enterprise technology and pursue more “data opportunities”.
ASX creates chief information officer role
The new CIO will report directly to CEO Helen Lofthouse and will be tasked with leading a standalone tech division, ASX Technology, and delivering the firm’s enterprise-wide technology renewal programme.
ASX Technology has been set up to develop ASX’s enterprise technology strategy, technology security and governance, technology infrastructure, and enterprise technology functions.
The new position has been created by splitting up the current group executive, technology and data and CIO role, leaving current occupant Dan Chesterman to focus squarely on the firm’s customer-facing tech and data business.
ASX claims this is its fastest-growing business, and Chesterman will continue his work on initiatives including expanding customer access to data sets.
CEO Lofthouse says the split will allow both departments to spend more time on their respective remits. “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,” she adds.
