John Pearce is stepping up to become the Australian Securities Exchange’s (ASX) new head of settlement and collateral in its derivatives and over-the-counter (OTC) markets team in Sydney.
He will be responsible for Austraclear, which provides settlement, depository and registry services for debt securities and cash transactions, and the ASX collateral triparty repo and collateral management platform.
Pearce was previously the manager of settlement and collateral for just over three years before his promotion. Prior to that, he was the business development manager, a title he held for just over one year.
He replaces Philip Joyce, who has left ASX to become the new CEO of Sympli, the property e-settlement business that ASX launched with InfoTrack in 2018.
Before ASX, Pearce worked for J.P. Morgan from 2011 to 2016 in a variety of roles including product manager, product development manager and business project management in collateral management.
