Career public servant appointed as ASIC CEO

The Australian Securities and Investments Commission (ASIC) has chosen a career public servant, Scott Gregson, as its new chief executive officer, succeeding Greg Yanco.
Gregson will take up the CEO role at ASIC after spending 30 years at the Australian Competition and Consumer Commission (ACCC) where he served in executive general management roles after initially joining as a graduate in 1996. He was appointed as the ACCC chief operating officer in 2020.
Announcing Gregson’s appointment, ASIC chair, Joe Longo said he had stood out in an executive search of domestic and international candidates.
Longo said Gregson’s appointment was the next step in ASIC’s transformation following the organisation’s most significant redesign in 15 years, and follows appointments in the past 12 months of new Executive Directors for Enforcement and Compliance, Regulation and Supervision, Data, Digital and Technology and a new Chief People, Culture and Transformation Officer.
“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,” he said.
Two concurrent ASIC actions, one already resulting in a $27m fine, and who knows what the eventual (negotiated) fine will…
So by this logic, it's ok to allow Darth Vader to be the CEO for the Council of Jedi's. No…
"Compare the pair" hah? "From little things, we're keeping your money!" Pffft....horrendous! Bet this doesn't make the newspapers or media…
Of course the regulator needs to focus on advisers because they are the despicable ones with no ethics. Not the…
In my opinion, Super Governance in Australia is utterly archaic and not suitable for purpose in the 21st Century. Why…