ASIC has appointed Greg Yanco as interim CEO, replacing Warren Day who will join the Commonwealth Director of Public Prosecutions (CDPP) on secondment as its executive officer.
In a media release, ASIC said Day had indicated he would not return to the regulator upon the completion of the secondment.
Yanco is currently the executive director of regulation and supervision and has indicated his intention to retire mid-2025 to ASIC.
He most recently led the regulator’s efforts in combating unlicensed finfluencers.
Yanco will act in an interim capacity when a local and global search for a permanent CEO commences in early 2025.
Both changes will be effective from 1 June 2024.
Meanwhile, executive director of enforcement and compliance Tim Mullaly will retire at the end of July 2024, a search for his replacement will commence shortly.