Cboe Australia chief executive, Vic Jokovic, will retire at the end of March after five years.
The position would be taken over by Emma Quinn as president of the firm, which was formerly known as Chi-X Australia, from 27 March. She joined Cboe from AllianceBernstein where she was global co-head of equity trading and had worked since 2001.
Jokovic would remain in an advisory role to ensure a seamless transition and would continue in his board role.
His career had spanned 30 years in Australian equities, derivatives and debt markets and he oversaw the acquisition and integration of Chi-X by Cboe Global Markets in 2021.
Cboe Australia was Australia’s second-largest securities exchange by volume traded and accounted for more than 20% of total equity trading volumes and 50% of ETF trading volumes.
David Howson, president of Cboe Global Markets, said: “During his tenure, Vic helped Cboe Australia solidify its position as one of the world’s most innovative market operators by maintaining its focus on best-in-class technology, product innovation and client service, while guiding the company onward to its next phase of growth.
“Emma is a proven leader with significant experience in global capital markets, and I am confident she will continue to build on the foundation laid by Vic and take Cboe Australia to even greater heights.”
Quinn said: “Cboe Australia has firmly established itself as an integral piece of the country’s financial ecosystem, bringing innovation and market competition to benefit Australian markets and investors. I look forward to building on Vic’s legacy and working closely with the Cboe Australia team to continue executing on the many exciting growth initiatives ahead of us”.
