ASX names Chess troubleshooter Tim Whitely CIO 2023

ASX announced today that Tim Whiteley will assume the role of Chief Information Officer (CIO) on 1 July 2023.

Tim will be in charge of the Group’s enterprise technology functions, technology and data security, data governance, technology infrastructure, and the delivery of the ASX’s multi-year technology modernisation program and capability enhancement.

Helen Lofthouse, Managing Director and Chief Executive Officer of ASX, stated, “Tim is a highly competent technology transformation executive with over 25 years of experience in business and technology positions across Australian financial services.

“I am delighted to make this announcement following a competitive global search for candidates of the highest caliber. Tim’s extensive knowledge of technology and project management in the financial services sector will be invaluable as ASX seeks to modernize its technology and deliver essential market infrastructure.”

Following the Group’s decision to reevaluate its CHESS replacement initiative in November 2022, Mr. Whiteley was appointed to manage the ASX’s CHESS Replacement Solution Design efforts.

“Importantly, Tim’s appointment as CIO provides continuity of technology leadership for CHESS replacement,” continued Ms. Lofthouse.

Tim will continue to oversee the CHESS Replacement Solution Design team while he implements a new leadership team structure for the CHESS replacement program. As CIO, he will be responsible for the technical aspects of the CHESS replacement program.

Prior to joining ASX, Mr. Whiteley led large enterprise-wide technology transformation initiatives at Westpac and Commonwealth Bank.

This announcement follows the March 17 announcement that ASX would establish a dedicated Technology division by separating the Group Executive, Technology and Data, and Chief Information Officer roles.

Dan Chesterman continues in his role as Group Executive, Technology and Data, where he is responsible for maturing ASX’s enterprise data capability and expanding ASX’s fastest-growing business, the customer-facing Technology and Data business.

Ms. Lofthouse continued, “I would like to commend Dan for his significant efforts in juggling what have essentially been two substantial executive responsibilities.

This change will allow Dan and his high-performing team to concentrate on expanding new data and technology innovation areas.

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