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ASX names new head of business development

The ASX has named a new head of customer and business development, who will have some responsibility for dealer group relationships, to replace outgoing BD boss and industry veteran Ian Irvine.

An ASX spokesperson has confirmed to ifa sister title InvestorDaily that Mr Irvine has departed the ASX after 14 years with the company and almost four decades in the financial services industry.

He will be replaced by Rory Cunningham, who is currently senior manager of business development and has been at the ASX since 2012. 

Mr Cunningham will take on Mr Irvine's responsibilities, likely becoming a primary spokesperson and advocate for the ASX’s mFund settlement service and heading up relationships with third-party distributors, especially dealer groups and licensees.

He will work closely with ASX head of investment products Andrew Campion and national distribution manager David Ho, who will remain in their current roles.

Mr Irvine will retire from full-time work but will embark on consulting and advisory projects in the financial services industry.