He transitions from his role as ACCC CEO on 17 March
Current ACCC CEO Scott Gregson has been named ASIC’s new CEO.
He steps into the new role on 17 March, succeeding interim CEO Greg Yanco.
“Scott is an impressive leader and will bring extensive experience to this important role at ASIC. His commitment to achieving regulatory outcomes that benefit all Australians makes him a strong addition to support ASIC’s commission and head the agency’s executive leadership team,” ASIC chair Joe Longo said.
He explained that the organisation had conducted an executive search involving both domestic and international candidates before Gregson was selected.
“As ASIC enters the next phase of the program of transformation we began three years ago, Scott’s experience supporting digital and technology delivery, and his pedigree in enforcement and compliance, will continue to ensure ASIC is well placed to meet future challenges,” Longo said.
Before becoming ACCC CEO, Gregson was COO. He has spent more than 30 years with the organisation, having commenced as a graduate in 1996.
He was executive general manager for mergers and enforcement; moreover, he took on investigation and enforcement roles at the ACCC. He headed up teams litigating high-profile matters, such as those against Volkswagen, Coles and Apple.
As CEO, Gregson spearheaded the ACCC’s digital and data transformation program.
“In an increasingly complex world with heightened cost of living pressures, the work of ASIC is more important than ever and I look forward to taking the step up and helping ASIC meet the challenges ahead,” he said.
Longo praised the retiring Yanco, who he said “has been an integral part of Australia’s financial services landscape not just in his various senior executive roles at ASIC, but previously at the ASX.”
Recently, ASIC underwent what it said was its most significant redesign in 15 years. Over the past 12 months, the organisation also appointed new executive directors for enforcement and compliance, regulation and supervision, data, digital and technology, as well as a new chief people, culture and transformation officer.