ASX taps insider Darren Yip as interim CEO

Australian exchange operator ASX has appointed insider Darren Yip as interim CEO effective May 29. Yip, who joined ASX in 2023 and is currently Group Executive for Markets and Listings, will take over from Helen Lofthouse while the board runs a search for a permanent chief executive. The move is presented as an internal, continuity-focused appointment and led to only a modest market reaction (ASX shares shown down ~0.43%). Near-term market impact appears limited, with the appointment aimed at stability during the leadership transition rather than a change in strategy.