Ex-Challenger boss takes ASX hot seat

Dominic Stevens succeeds the scandal-hit Elmer Funke Kupper to lead Australia’s securities exchange.

Australia’s exchange operator has appointed Dominic Stevens as chief executive officer, replacing Elmer Funke Kupper who resigned in March this year.

Stevens has been with ASX as an independent non-executive director since December 2013, and has served on the audit and risk committee and a number of ASX’s clearing and settlement boards, according to an exchange statement on Monday.

ASX said the appointment was made after a comprehensive selection process undertaken by the ASX board with the assistance of a search firm.

Before joining ASX, Stevens was the CEO of Australian investment management firm Challenger between 2008 and 2012. Prior to...

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