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The current CEO of the ACCC will take on the CEO position at the financial services regulator in March.
Scott Gregson has been named the next CEO of the Australian Securities & Investments Commission (ASIC).
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Gregson will take over the position from ASIC’s retiring interim CEO Greg Yanco (who himself took on the role following the departure of ASIC CEO Warren Day to the Commonwealth Director of Public Prosecutions in June 2024) on 17 March 2025.
The incoming leader has spent the last 30 years working at the Australian Competition & Consumer Commission (ACCC), starting as a graduate in 1996 before working his way up through several enforcement roles to CEO, a position he has held for the past four years.
He has also been executive general manager of the merger and authorisation review division and, before that, executive general manager of the consumer enforcement division at the ACCC.
Over Gregson’s time at the ACCC, he led several high-profile litigation matters including against Volkswagen, Coles, and Apple.
He also recently spearheaded the commission’s digital and data transformation program as CEO.
ASIC chair Joe Longo said Gregson had “stood out” in an executive search of domestic and international candidates.
“Scott is an impressive leader and will bring extensive experience to this important role at ASIC,” Longo said.
“His commitment to achieving regulatory outcomes that benefit all Australians makes him a strong addition to support ASIC’s commission and head the agency’s executive leadership team.”
The new appointment comes as ASIC continues its ongoing transformation (and amid more calls for reform) and follows a slew of executive appointments (including Peter Soros [executive director, regulation and supervision] and Chris Savundra [executive director, enforcement and compliance]).
Longo said: “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.”
Longo also thanked retiring interim CEO Yanco for his contribution to helping make ASIC a modern, confident, and ambitious regulator.
“Greg has been an integral part of Australia’s financial services landscape not just in his various senior executive roles at ASIC, but previously at the ASX,” Longo said.
“On behalf of all of ASIC, I thank Greg for his exemplary service, dedication and work ethic, and we wish him all the best for the future.”
Speaking of his new role, incoming ASIC CEO Gregson said: “The momentum ASIC is showing in its work and impact is very appealing for me.
“In an increasingly complex world with heightened cost of living pressures, the work of ASIC is more important than ever and I look forward to taking the step up and helping ASIC meet the challenges ahead.”
ACCC to start looking for new CEO
Reflecting on his time at the ACCC, Gregson said: “I have loved working in the ACCC for almost three decades. I believe so strongly in its role and the way the agency goes about delivering for the community. I have loved the people, the agency and our work.
“I have been so lucky to work under four chairs who have been amazing stewards for the agency together with the high-quality Commissioner appointments over this time. But I now also look forward to stretching myself and contributing to the important work at ASIC.”
The ACCC has announced that a recruitment process will commence to find a new ACCC CEO “in due course”.
ACCC chair Gina Cass-Gottlieb lamented the loss of Gregson, saying: “This is a great loss for the ACCC and a great gain for ASIC. Scott Gregson has made an enormous contribution in his nearly 30 years at the ACCC, and he will be sincerely missed.
“Scott carried his enforcement experience in the agency throughout his career here, as a foundation of the strength of the ACCC. He has been an influential leader across a number of roles.
“Scott’s depth of experience and relationships in the ACCC greatly assisted me when I joined the agency in 2022. We share a vision not only about working towards critical outcomes for consumers, small businesses and competition but also about how we should achieve this.
“Continually improving our organisational ways of working has always been at the forefront of Scott’s thinking. He has been a passionate champion of diversity and inclusion in the workplace. In particular his advocacy for gender diversity and bridging the pay gap, as well as strategies to support First Nations employees has helped position the ACCC to faithfully represent the community we serve.
“I thank Scott for his leadership and dedication to the ACCC and we wish him well in his next endeavour.”
[Related: ASIC slammed for inaction, Senate calls for reform]
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