ASX CFO Rami Aziz to Leave Firm in September

The outgoing CFO has spent almost 20 years with the exchange

The Australian Securities Exchange (ASX) announced this Monday that Rami Aziz, the company’s Chief Financial Officer, will be retiring in September. Aziz, a graduate of the Sydney University of Technology, has spent almost 20 years with the securities exchange.

Prior to joining ASX, Aziz spent time with Chase Manhattan Bank, now owned by JP Morgan. There he had a number of responsibilities, covering financial control, financial accounting, and management reporting.

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After leaving Chase Manhattan in 1996, Aziz joined Austrapay, an Australian payments processing company. His decision to join the firm may have been influenced by the fact that the firm was, until 2001, 50 percent owned by JP Morgan. At Austrapay, Aziz worked as the firm’s co-secretary and Chief Financial Officer.

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Into the derivatives market

Aziz departed from Austrapay in 2000, just one year before JP Morgan sold its stake in the firm, to join the Sydney Futures Exchange Corporation (SFE). At the time, the SFE was one of the largest derivatives exchanges in the world.

Working as the exchange’s Group Financial Controller, Aziz spent six years at SFE before it merged with ASX in 2006. Following that merger, Aziz remained in his role as Group Financial Controller with ASX.

After ten years as a financial controller, Aziz was appointed as Chief Financial Officer of ASX in 2010. Responsible for finance, investor relations, and facilities functions, Aziz has held the role since then and will do so until his departure later this year.

ASX’s CEO, Dominic Stevens, commented on Aziz’s decision to retire, saying: “Ramy has made a very significant contribution to ASX over many years and has been an important member of my Executive team. I have valued his support, and the expertise and sound judgement [sic] that he has brought to his role as CFO.”

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