The Australian Securities and Investments Commission (ASIC) will undertake a global CEO search from early next year.

Current chief Warren Day is leaving the regulator to become Commonwealth Director of Public Prosecutions Executive Officer from June. 

Greg Yanco will be Interim CEO until the middle of next year, when he plans to retire.

Executive Director of Enforcement and Compliance Tim Mullaly is also due to retire from ASIC at the end of July, after 12 years in executive roles. 

A search to replace Mr Mullaly and Mr Yanco, who is Executive Director Regulation and Supervision, will begin soon.

“Filling these positions is an opportunity for executive renewal and ASIC’s ongoing transformation towards being a modern, ambitious and confident regulator,” Chair Joe Longo said.

Mr Day has been a significant contributor to ASIC for more than 20 years, he says.

“Warren has played a significant leadership role, particularly with organisational redesign, the delivery of our strategic and enforcement priorities and the management of ASIC’s executive leadership team.”

ASIC is also adding a new executive director for registry and intelligence role, and a chief people and culture transformation officer.

It recently appointed Joanne Harper as Executive Director for Data, Digital and Technology.