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flag ASX names Lucinda McCann as new Chief Compliance Officer to lead turnaround amid regulatory scrutiny.

flag The Australian Securities Exchange has named Lucinda McCann as its new Chief Compliance Officer, effective immediately, as part of a critical five-year turnaround plan. flag McCann, a veteran with over 25 years of regulatory experience, replaces Daniel Moran and brings expertise from APRA and Norton Rose Fulbright. flag The appointment comes amid heightened regulatory scrutiny following operational disruptions, including a 2024 trading settlement delay. flag ASX Chair David Clarke emphasized the transformation effort "cannot fail," underscoring the need to strengthen governance, technology, and compliance to restore investor and regulatory confidence.

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